Question
A stock has a beta of 1.15, the expected return on the market is 10.3%, and the risk-free rate is 3.8%. What must the expected
A stock has a beta of 1.15, the expected return on the market is 10.3%, and the risk-free rate is 3.8%. 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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Introductory Financial Accounting for Business
Authors: Thomas Edmonds, Christopher Edmonds
1st edition
1260299449, 978-1260299441
