MFI Inc. has a beta of 0.86. If the expected market return is 11.5 percent and the

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MFI Inc. has a beta of 0.86. If the expected market return is 11.5 percent and the risk- free rate is 3 percent, what is the appropriate required return of MFI (using the CAPM)?
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Foundations of Finance The Logic and Practice of Financial Management

ISBN: 978-0132994873

8th edition

Authors: Arthur J. Keown, John D. Martin, J. William Petty

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