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Amazon has an expected return of 16.8 %Assume the risk-free rate is 4.5%, the expected market return is 12.7%, and Walmart has a beta that
Amazon has an expected return of 16.8 %Assume the risk-free rate is 4.5%, the expected market return is 12.7%, and Walmart has a beta that is twice as large as the beta for Amazon. If both stocks are priced correctly using CAPM, what is the expected return for Walmart?
33.60%
27.51%
16.40%
29.10 %
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