6-9B. (Capital flSset pricing model) Breckenridge, Inc., has a beta of .85. If the expected market return

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6-9B. (Capital flSset pricing model) Breckenridge, Inc., has a beta of .85. If the expected market return is 10.5 percent and the risk-free rate is 7.5 percent, what is the appropriate required return of Breckenridge (using the CAPM)? .

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Financial Management Principles And Applications

ISBN: 9780131450653

10th Edition

Authors: Arthur J. Keown, J. William Petty, John D. Martin, Jr. Scott, David F.

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