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Investment bankers at Cowen & Co. announced that the stock of Planet Fitness (ticker: PLNT) has a beta = 1.3 and an E(R) = 12.91%.

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Investment bankers at Cowen & Co. announced that the stock of Planet Fitness (ticker: PLNT) has a beta = 1.3 and an E(R) = 12.91%. If Rm = 10.9%, what is the current return on U.S. T-bills? Multiple Choice 3.70 percent 0 4.20 percent 2.90 percent 3.11 percent 4.50 percent Next

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