Question
35. The Treasury bill rate is 3.9%, and the expected return on the market portfolio is 11.8%. Using CAPM, if the market expects a return
| 35. The Treasury bill rate is 3.9%, and the expected return on the market portfolio is 11.8%. Using CAPM, if the market expects a return of 10.4% from the stock, what is the beta? |
Group of answer choices
a. 0
b. .5
c. .82
d. 1.0
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Financial Accounting
Authors: Belverd E Needles, Marian Powers
10th Edition
0547193289, 9780547193281
