Question
A stock has a beta of .50, the expected return on the market is 12 percent, and the risk-free rate is 3.10 percent. What must
A stock has a beta of .50, the expected return on the market is 12 percent, and the risk-free rate is 3.10 percent. What must the expected return on this stock be? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)
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Public Finance
Authors: Harvey S Rosen
6th Edition
0072374055, 978-0072374056
