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7. Suppose the risk-free return is 3%; T he market portfolio has an expected return of 8% and a volatility of 10%. Merck & Co.
7.
Suppose the risk-free return is 3%; The market portfolio has an expected return of 8% and a volatility of 10%.
Merck & Co. (Ticker: MRK) stock has a 12% volatility and a correlation with the market of 0.19.
What is Mercks beta with respect to the market
Group of answer choices
0.03
0.38
0.23
0.42
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