Question
A stock has a beta of 1.15, the expected return on the market is 12.3%, and the risk-free rate is 5.8%. What must the expected
A stock has a beta of 1.15, the expected return on the market is 12.3%, and the risk-free rate is 5.8%. What must the expected return on this stock be? (Do not round intermediate calculations. Round the final answer to 2 decimal places.)
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Survey of Accounting
Authors: Thomas P. Edmonds, Frances M. McNair, Philip R. Olds, Bor Yi
3rd Edition
978-1259683794, 77490835, 1259683796, 9780077490836, 978-0078110856
