Question
A stock has an expected return of 12.15%, its beta is 1.31, and the expected return on the market is 10.2%. What must the risk-free
A stock has an expected return of 12.15%, its beta is 1.31, and the expected return on the market is 10.2%. What must the risk-free rate be? (Do not round intermediate calculations. Round the final answer to 2 decimal places.)
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Applied Quantitative Finance
Authors: Härdle
3rd Edition
3662544857, 978-3662544853
