Round 15.97 to the nearest tenth.
O 16.1
O 16.0
O 15.9
O 15.8

16.0

Step-by-step explanation:

tenths are the number right after the decimal (9)

We look at the next place to the right to see if we round up

7 is greater than or equal to five so we round the tenths place up

9 rounds up 10   so the 5 in the ones place becomes 6

15.97 rounds to 16.0

x is variable or an unknown value to find

example:

2x = 5 which means x = 3

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%