Question
A stock has an expected return of 0.06, its beta is 0.92, and the risk-free rate is 0.03. What must the expected return on the
A stock has an expected return of 0.06, its beta is 0.92, and the risk-free rate is 0.03. What must the expected return on the market be? Enter the answer with 4 decimals (e.g. 0.0567).
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The Structural Foundations Of Monetary Policy
Authors: Michael D. Bordo, John H. Cochrane, Amit Seru
1st Edition
0817921346, 978-0817921347
