A sum of 450 Euros is invested at 3.2% per annum at compound interest. The following formula expresses the value of the investment after x years V (x) = 450 (1,032) x
After how many years will the value exceed 600 euros?
Determine the profit obtained after 10 years. Keep in mind that the profit is the difference between the final amount in relation to the initial capital deposited.
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Step-by-step explanation:

question is incomplete.

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%