Question
Beta of a project. Vespucci is adding a project to the company portfolio and has the following information: the expected market return is 16.5%, the
Beta of a project. Vespucci is adding a project to the company portfolio and has the following information: the expected market return is 16.5%, the risk-free rate is 2.9%, and the expected return on the new project is 13.9%.
What is the project's beta? ________ (Round to three decimal places.)
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Essentials Of Health Care Finance
Authors: William O. Cleverley, James O. Cleverley, Paula H. Song
7th Edition
0763789291, 978-0763789299
