Question
A stock has an expected return of 14 percent, its beta is 0.75, and the risk-free rate is 7 percent. What must the expected return
A stock has an expected return of 14 percent, its beta is 0.75, and the risk-free rate is 7 percent. What must the expected return on the market be?
16.99% 15.52% 9.33% 17.15% 16.33%
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Fundamentals Of Corporate Finance
Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan
6th Edition
0072553073, 9780072553079
