The refractive index of a medium is defined as the ratio of the speed of light in vacuum (c) to the speed of light in the medium (v).
$$ n = \frac{c}{v} $$ We are given the refractive index $n = \frac{4}{3}$.
We want to find the speed of light in the medium, $v$. Rearranging the formula, we have $$ v = \frac{c}{n} = \frac{c}{\frac{4}{3}} = c \cdot \frac{3}{4} = \frac{3c}{4} $$
Therefore, the speed of light in the medium is $\frac{3c}{4}$.