HURRY! A student works at a bicycle shop. When he sells a bicycle, he earns 6% of the sale price as a commission. If he sells 1 bicycle for $450 and 2 bicycles for $250 each, what is the total amount of commission he earns? A $69.00

B $57.00

C $6.90

D $5.70

57$

Step-by-step explanation:

450 + 500 = 950 and 6% of 950 is 57

3201

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%