Question
A stock has an expected return of 16 percent, its beta is 1.60, and the expected return on the market is 12.4 percent. What must
A stock has an expected return of 16 percent, its beta is 1.60, and the expected return on the market is 12.4 percent. What must the risk-free rate be?(Round your answer to 2 decimal places. (e.g., 32.16))
Risk-free rate%
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Introduction To Corporate Finance
Authors: Laurence Booth, Sean Cleary
3rd Edition
978-1118300763, 1118300769
