Question
A stock has an expected return of 12.8 percent and a beta of 1.19, and the expected return on the market is 11.8 percent. What
11.8 percent. What must the risk-free rate be?
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Fundamentals Of Investments Valuation And Management
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
10th Edition
1266824014, 9781266824012
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