Question
A stock with a beta of 1.8 has an expected rate of return of 20%. If the market return this year turns out to be
A stock with a beta of 1.8 has an expected rate of return of 20%. If the market return this year turns out to be 9 percentage points below expectations, what is the best guess as to the rate of return on the stock?
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Forensic Accounting And Fraud Examination
Authors: Paul Barnes
1st Edition
1118454138, 978-1118454152
