Question
Mulrin's stock has a beta (b j ) of 1.25, its required return (E(R j )) is 15.25%, and the risk-free rate (R f )
Mulrin's stock has a beta (bj) of 1.25, its required return (E(Rj)) is 15.25%, and the risk-free rate (Rf) is 3.25%. What is the required rate of return on the market (E(RM))? [Use the CAPM]
| 12.00% | ||
| 15.45% | ||
| 12.20% | ||
| 9.60% | ||
| 12.85% |
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Global Corporate Finance A Focused Approach
Authors: Suk Hi Kim, Kenneth A Kim
2nd Edition
9814618004, 9789814618007
