Question
A stock has a beta of 1.00, the expected return on the market is 10 percent, and the risk-free rate is 4.10 percent. What must
A stock has a beta of 1.00, the expected return on the market is 10 percent, and the risk-free rate is 4.10 percent.
What must the expected return on this stock be? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)
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Managerial Economics Theory Applications and Cases
Authors: Bruce Allen, Keith Weigelt, Neil A. Doherty, Edwin Mansfield
8th edition
978-0393124491, 393124495, 978-0039391277, 393912779, 978-0393912777
