Question
A stock has a beta of 1.15, the expected return on the market is 11.4%, and the risk-free rate is 4.9%. What must the expected
A stock has a beta of 1.15, the expected return on the market is 11.4%, and the risk-free rate is 4.9%. What must the expected return on this stock be? (Do not round intermediate calculations. Round the final answer to 2 decimal places.)
Expected return %
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Principles of Accounting
Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson
12th edition
978-1133603054, 113362698X, 9781285607047, 113360305X, 978-1133626985
