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eBook 11 Problem Walk-Through Stock X has a 9.0% expected return, a beta coefficient of 0.7, and a 35% stardard deviation of expected returns. Stock

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eBook 11 Problem Walk-Through Stock X has a 9.0% expected return, a beta coefficient of 0.7, and a 35% stardard deviation of expected returns. Stock Y has a 12.5% expected return, abeta coefficient of 1.2, and a 20standard deviation The risk-free rate is 6%, and the market risk premium is 5%. a. Calculate each stock's coefficient of variation. Do not round intermediate calculations, Round your answers to two decimal places. CV, CV- b. Which stock is niskier for a diversified investor? 1. For diversified investors the relevant risk is measured by standard deviation of expected returns. Therefore, the stock with the lower standard deviation of expected returns is niskier. Stock Y has the lower standard deviations Riskler than Stock X 11. For diversified investors the relevant risk is measured by beta. Therefore, the stock with the higher beta is less risky Stock has the higher beta so it is less risky than Stock X m. For diversified investors the relevant risk is measured by beta. Therefore, the stock with the higher betais riskier, Sock Y has the higher beta so it is niskier than Stock X. IV. For diversified investors the relevant risk is measured by standard deviation of expected returns. Therefore, the stock with the higher standard deviation of expected returns is riskier, Stock has the higher standard deviation so it is niskier than Stock Y V. For diversified investors the relevant risk is measured by beta. Therefore, the stock with the lower butas ner. Stock X has the lower beta so it is risker than stock Y. c. Calculate each stock's required to retum, Round your answers to one dedma place d. On the basis of the two stos' expected and required returns, which stock would be more attractive to a diversified investor? e Calculate the required return of a portfolio that has 54,500 invested in Stock X and $1,500 invested in Stock Y. Do not round Intermediate calculations. Round your answer to two decimal places 1. the market nsk premium increased too, which of the two would have the larger increase in its required return

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