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Consider the CAPM. The expected return on the market is 20%. The expected return on a stock with a beta of 1.2 is 23%. What
Consider the CAPM. The expected return on the market is 20%. The expected return on a stock with a beta of 1.2 is 23%. What is the risk-free rate?
| a | 14.00 | |
| b | 6.00 | |
| c | 7.00 | |
| d | 8.00
|
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Personal Financial Planning
Authors: Randy Billingsley, Lawrence J. Gitman, Michael D. Joehnk
15th Edition
978-0357438480, 0357438485
