Q5.3 From the Australian Financial Review, a website such as Yahoo!7 Finance (http://au.

finance.yahoo.com), or some other source, obtain a current estimate of the risk-free rate (use a Treasury note). Use Yahoo!7 Finance to obtain the beta for each of the following three shares:

, AGL (utilities)

, Woolworths (groceries)

, Westpac (financial services).

Use the information you gathered, along with the market risk premium on large shares given in the chapter, to find the required return for each share with the capital asset pricing model (CAPM).