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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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