Question
If a stock has a beta of 0.8 and a required rate of return of 14.9 percent, what is the return on the market portfolio
If a stock has a beta of 0.8 and a required rate of return of 14.9 percent, what is the return on the market portfolio (rM) when the risk-free rate (rRF) is 1.5 percent and the market is in equilibrium?
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
6th International Edition
0071229035, 978-0071229036
