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1.If a stock has a CAPM beta of 1.5, the current market risk premium of 5% and the risk free rate of 3%, what is
1.If a stock has a CAPM beta of 1.5, the current market risk premium of 5% and the risk free rate of 3%, what is the stock's expected return?
a.4.5%
b.6%
c.15%
d.10.5%
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Introduction To Finance Markets, Investments, And Financial Management
Authors: Ronald W. Melicher, Edgar A. Norton
17th Edition
1119561175, 978-1119561170
