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A stock has an expected return of0.16,its beta is0.91,and the expected return on the market is0.09.What must the risk-free rate be?
A stock has an expected return of 0.16, its beta is 0.91, and the expected return on the market is 0.09. What must the risk-free rate be?
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To calculate the riskfree rate we can use the Capital Asset Pricing Model ...
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
11th edition
978-1111530266
