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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The Economics Of Money Banking And Finance
Authors: Peter Howells, Keith Bain
2nd Edition
0273651080, 978-0273651086
