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Google has a beta of 1.7 an expected rate of return of 27%. The market risk premium is 7%, and the risk-free rate is 2%.
Google has a beta of 1.7 an expected rate of return of 27%. The market risk premium is 7%, and the risk-free rate is 2%. The alpha of the stock is _________.
A.
-17%
B.
10.4%
C.
13.1%
D.
15.7%
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Analysis for Financial Management
Authors: Robert C. Higgins
10th edition
007803468X, 978-0078034688
