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Macy's (M) has an expected return of 9.1%. The company's beta is 0.61, the risk-free rate is 3.0%, and the market risk premium is 5.5%.
Macy's (M) has an expected return of 9.1%. The company's beta is 0.61, the risk-free rate is 3.0%, and the market risk premium is 5.5%. What is Macy's expected alpha?
A. | 6.1% | |
B. | 3.6% | |
C. | 2.7% | |
D. | 0.6% |
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