Question
A stock has an expected return of 11.1 percent, its beta is 0.86, and the risk-free rate is 5.55 percent. Required: What must the expected
| A stock has an expected return of 11.1 percent, its beta is 0.86, and the risk-free rate is 5.55 percent. |
| Required: |
| What must the expected return on the market be? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).) |
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Environmental Finance And Investments
Authors: Marc Chesney, Jonathan Gheyssens, Anca Claudia Pana, Luca Taschini
2nd Edition
366248174X, 978-3662481745
