Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Answer the question correctly and accurately ***PUT THE ANSWER IN 3 DECIMALS*** Monkey corporation want to buy stocks in the Goose company, Monkey financial manager
Answer the question correctly and accurately ***PUT THE ANSWER IN 3 DECIMALS***
Monkey corporation want to buy stocks in the Goose company, Monkey financial manager says that the stock fair price is 50 dollars if the treasury bill rate is 0.1 and the covariance between the stock and the market is 0.002 and the standard deviation of the market is 0.05 , the market return is 0.22what is the what is the required rate of return
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started