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Joe purchased 500 shares of Robotics Stock at $4 per share. Bill sold the shares a year later for $5.45. Robotics stock has a beta
Joe purchased 500 shares of Robotics Stock at $4 per share. Bill sold the shares a year later for $5.45. Robotics stock has a beta of 1.4, the risk-free rate of return is 5%, and the market risk premium is 9%. The required return on Robotics Stock is; a. 19.60%. b. 18.65%. c. 17.60%. d. 36.25%
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Accounting for Decision Making and Control
Authors: Jerold Zimmerman
8th edition
78025745, 978-0078025747
