Question
A stock has an expected return of 0.06, its beta is 0.98, 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 0.98, 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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Foundations Of Financial Markets And Institutions
Authors: Frank J. Fabozzi, Franco Modigliani, Michael G. Ferri
2nd Edition
0136860567, 9780136860563
