Twenty students went to a fast food restaurant. Everyone ordered a hamburger and a drink. Hamburgers cost $3.25 each and drinks cost $1.15 each. How much did the students spend in all?

The total amount spent was $88.

Step-by-step explanation:

The information provided is:

Compute the total cost as follows:

Thus, the total amount spent was $88.

answer is c

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%