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A stock has an expected return of 12 percent, its beta is 1.70, and the expected return on the market is 9.4 percent. What must
| A stock has an expected return of 12 percent, its beta is 1.70, and the expected return on the market is 9.4 percent. What must the risk-free rate be? (Round your answer to 2 decimal places. (e.g., 32.16)) |
| Risk-free rate | % |
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Investing From Scratch A Handbook For The Young Investor
Authors: James Lowell
1st Edition
014303684X, 978-0143036845
