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A stock has an expected return of 15.7 percent, the risk-free rate is 6.25 percent, and the market risk premium is 7.6 percent. Required: What
| A stock has an expected return of 15.7 percent, the risk-free rate is 6.25 percent, and the market risk premium is 7.6 percent. |
| Required: |
| What must the beta of this stock be? (Do not round intermediate calculations. Round your answer to 3 decimal places (e.g., 32.161).) |
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Teaching Public Budgeting And Finance
Authors: Meagan M. Jordan, Bruce D. McDonald III
1st Edition
1032146680, 978-1032146683
