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Fiske Roofing Supplies' stock has a beta of 1.23, its required return is 8.50%, and the risk-free rate is 4.30%. What is the required rate
Fiske Roofing Supplies' stock has a beta of 1.23, its required return is 8.50%, and the risk-free rate is 4.30%. What is the required rate of return on the market? (Hint: First find the market risk premium.) Select the correct answer. a. 7.71% b. 7.4496 C. 7.5396 d. 7.62% e. 7.80% S
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
8th Edition
1264098723, 978-1264098729
