Question
A stock has an expected return of 11.4 percent and a beta of 1.58, and the expected return on the market is 9.3 percent. What
A stock has an expected return of 11.4 percent and a beta of 1.58, and the expected return on the market is 9.3 percent. What must the risk-free rate be? (Enter answer in percents, not in decimals.)
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Financial Statement Analysis
Authors: Martin S. Fridson, Fernando Alvarez
5th Edition
1119457149, 978-1119457145
