Question
KMW Inc. has an estimated beta of 1.45. Given a forecasted market return of 12% and a T-bill rate 3%, using the index model and
KMW Inc. has an estimated beta of 1.45. Given a forecasted market return of 12% and a T-bill rate 3%, using the index model and the adjusted beta, what is the forecasted return?
15.2%
16.2%
17.8%
14.7%
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
17th Edition
126001391X, 978-1260013917
