Question
Nagla'a has invested her money in a widget Inc.'s common stock which has an expected return of 18%. Given that the company's beta is 1.45
Nagla'a has invested her money in a widget Inc.'s common stock which has an expected return of 18%. Given that the company's beta is 1.45 & the risk-free rate is 4%, what is the market's expected return?
(do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places)
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Personal Financial Planning
Authors: Randy Billingsley, Lawrence J. Gitman, Michael D. Joehnk
14th edition
978-1305887725, 1305887727, 1305636619, 978-1305636613
