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Gardner Electric has a beta of 0.8 and the risk-free rate is 5.00%. The annual return on the stock market during the past 4
Gardner Electric has a beta of 0.8 and the risk-free rate is 5.00%. The annual return on the stock market during the past 4 years was 10.25%. Investors expect the average annual future return on the market to be 12.50%. Using the SML, what is the firm's required rate of return? 0.11 0.14 0.12 0.10
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Introduction To Derivatives And Risk Management
Authors: Don M. Chance, Robert Brooks
10th Edition
130510496X, 978-1305104969
