Question
A stock has a beta of 1.07, the expected return on the market is 12 percent, and the risk-free rate is 5.87 percent. What must
A stock has a beta of 1.07, the expected return on the market is 12 percent, and the risk-free rate is 5.87 percent. What must the market risk premium on this stock be?
correct answer is 6.56 please show steps on how you get this answer last time i posted this it was incorrect !
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Case Studies In Finance
Authors: Robert Bruner, Kenneth Eades, Michael Schill
6th Edition
0073382450, 978-0073382456
