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7 At the beginning of 2012, Google (GOOG) was priced at $580.96. Google's beta is 1.15 and the risk free rate at the time was
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At the beginning of 2012, Google (GOOG) was priced at $580.96. Google's beta is 1.15 and the risk free rate at the time was 0.19% with a market portfolio risk premium of 6%. Google's price at the beginning of 2013 was $750.27. Use this information to answer the question. What was the required return for Google in 2012? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))Step by Step Solution
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