Question
#17 A stock with a beta of 0.9 has an expected rate of return of 9%. If the market return this year turns out to
#17 A stock with a beta of 0.9 has an expected rate of return of 9%. If the market return this year turns out to be 7 percentage points below expectations, what is your best guess as to the rate of return on the stock?(Do not round intermediate calculations. Enter your answer as a percent rounded to 1 decimal place.)
Stock Return:
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Personal Finance
Authors: Jeff Madura, Hardeep Singh Gill
3rd Canadian Edition
978-0133035575, 133035573, 978-0133970524, 133970523, 978-0134040042
