Question
A stock with a beta of 1.7 has an expected rate of return of 15%. If the market return this year turns out to be
A stock with a beta of 1.7 has an expected rate of return of 15%. If the market return this year turns out to be 6 percentage points below expectations, what is your best guess as to the rate of return on the stock?
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Project Financing Financial Instruments And Risk Management
Authors: Frank J Fabozzi, Carmel De Nahlik
1st Edition
9811231494, 9789811231490
