Over the course of four days the price of stock at acm e corporation fall $28. what was the average change in stock price per day ?

since your problem is x^4 = 81, what you have to undeo is the "to the fourth power" part.

the inverse (opposite operation) of "to the fourth power" is "to the fourth root".

  (x^4) ^ ¼   = 81 ^ ¼  

  81 = 3^4     so (3 ^ 4) ^ ¼   =   3 ^ 1   = 3

by hand: (3 ^ 4) ^ ¼   =   3 ^ (4 x ¼) = 3 ^ 1   = 3   (when you take a power to a power, multiply the exponents.)

or, do it by calculator. one way of finding the fourth root is to use ^ (1/4)

step-by-step explanation:

required rate of return = 0.166 = 16.6%

step-by-step explanation:

under the capital asset pricing model (capm), the required or expected rate of return for a particular security or asset is given using the formula:

required rate of return = risk-free rate + beta*(market risk premium)

we are given that;

risk-free rate = 4% = 0.04

beta = 1.4

market risk premium = 9% = 0.09

we simply plug these values into the above formula;

required rate of return = 0.04 + 1.4*(0.09)

required rate of return = 0.04 + 0.126

required rate of return = 0.166 = 16.6%