7. If the expected rate of return of the market portfolio is 15% and a stock with...

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7. If the expected rate of return of the market portfolio is 15% and a stock with a beta of 1.0 pays a dividend yield of 4%, what must the market believe is the expected rate of price appreciation on that stock?

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Investments

ISBN: 9780077261450

8th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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