Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A stock has a required return of 15%; the risk-free rate is 4.5%; and the market risk premium is 4%. What is the stock's beta?

A stock has a required return of 15%; the risk-free rate is 4.5%; and the market risk premium is 4%.

  1. What is the stock's beta? Round your answer to two decimal places.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Practical Financial Management

Authors: William R. Lasher

6th Edition

1439080496, 978-1439080498

More Books

Students also viewed these Finance questions