Question
A stock has an expected return of 15.0 percent, a beta of 1.70, and the return on the market is 9.90 percent. What must the
A stock has an expected return of 15.0 percent, a beta of 1.70, and the return on the market is 9.90 percent. What must the risk-free rate be? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)
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Essentials Of Xbrl Financial Reporting In The 21st Century
Authors: Bryan Bergeron
1st Edition
0471220779, 978-0471220770
