Question
A stock with a beta of 1.3 has an expected rate of return of 16%. If the market return this year turns out to be
A stock with a beta of 1.3 has an expected rate of return of 16%. If the market return this year turns out to be 8 percentage points below expectations, what is your best guess as to the rate of return on the stock?
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Strategy For Personal Finance
Authors: Larry R. Lang
4th Edition
007036317X, 9780070363175
