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78. Assume that a security is fairly priced and has an expected rate of return of 0.13. The market expected rate of return is
78. Assume that a security is fairly priced and has an expected rate of return of 0.13. The market expected rate of return is 0.13 and the risk-free rate is 0.04. The beta of the stock is ? A. 1.25 B. 1.7 C. 1 D. 0.95 E. none of the above.
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
8th Edition
1285190904, 978-1305176348, 1305176340, 978-1285190907
