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ABC, Inc., has a beta of 0.34. The risk-free rate is 3.66% and the market risk premium (=expected return on market portfolio minus risk-free rate)
ABC, Inc., has a beta of 0.34. The risk-free rate is 3.66% and the market risk premium (=expected return on market portfolio minus risk-free rate) is 8.63%. What is the required rate of return on ABC's stock?
Note: Convert your answer to percentage and round off to two decimal points. For example, if your answer is 12.345%, then enter "12.35".
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