Question
At the beginning of 2012, Google (GOOG) was priced at $580.57. Googles beta is 1.15 and the risk free rate at the time was 0.24%
At the beginning of 2012, Google (GOOG) was priced at $580.57. Googles beta is 1.15 and the risk free rate at the time was 0.24% with a market portfolio risk premium of 6%. Googles price at the beginning of 2013 was $756.20. Use this information to answer the question.
What was the actual return for Google in 2012?
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Financial Accounting The Impact On Decision Makers
Authors: Gary A Porter, Curtis L Norton
8th Edition
1111534861, 9781111534868
