Question
A stock has an expected return of 14.00 percent, the risk-free rate is 3.51 percent, and the market risk premium is 8.96 percent. What must
A stock has an expected return of 14.00 percent, the risk-free rate is 3.51 percent, and the market risk premium is 8.96 percent. What must the beta of this stock be?
(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Gordon Roberts, Hamdi Driss
8th Canadian Edition
01259270114, 9781259270116
