In a test consisting of 12 questions, each student gets a score of +23 for every correct answer and −13 for every incorrect answer. Each question must be answered. Ram gets 7 correct and 5 incorrect answers. What's his score?

96 scores

Step-by-step explanation:

Score for each correct answer = +23

Score for each incorrect answer =

Each question must be answered such that Ram gets 7 correct and 5 incorrect answers.

Number of correct answers

Number of incorrect answers

Therefore,

Ram's score

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%