Question
A stock has a beta of 1.09, the expected return on the market is 10.3 percent, and the risk-free rate is 4.8 percent. Required: What
A stock has a beta of 1.09, the expected return on the market is 10.3 percent, and the risk-free rate is 4.8 percent.
| Required: |
| What must the expected return on this stock be? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) |
| Expected return | % |
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Health Care Finance Economics And Policy For Nurses
Authors: Betty Rambur
2nd Edition
0826152538, 978-0826152534
