Question
At the beginning of 2013, Apples beta was 1.2 and the risk-free was about 3%. Apples price was $75. Apples price at the end of
At the beginning of 2013, Apples beta was 1.2 and the risk-free was about 3%. Apples price was $75. Apples price at the end of 2013 was $80. If you estimate the market risk premium to have been 6%, did Apples managers exceed their investors required return as given by the CAPM? Why? Explain.
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Startup CFO The Finance Handbook For Your Growing Business
Authors: Kyle Brennan
1st Edition
1790959403, 978-1790959402
