Question
A stock has a beta of 1.08, the expected return on the market is 10.2 percent, and the risk-free rate is 4.85 percent. Required: What
A stock has a beta of 1.08, the expected return on the market is 10.2 percent, and the risk-free rate is 4.85 percent.
Required: What must the expected return on this stock be? (Do not include the percent sign (%). Round your answer to 2 decimal places (e.g., 32.16).)
Expected return ____________%?
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
13th Edition
1337395080, 9781337395083
