Question
Nikon Company's shares have an expected return of 15.5% and a beta of 1.5. Alpha Company's shares have an expected return of 13.4% and a
Nikon Company's shares have an expected return of 15.5% and a beta of 1.5. Alpha Company's shares have an expected return of 13.4% and a beta of 1.2. Assume the CAPM holds. What is the expected return on the market?
7%
12%
13%
8%
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College Accounting
Authors: Heintz and Parry
20th Edition
1285892070, 538489669, 9781111790301, 978-1285892078, 9780538489669, 1111790302, 978-0538745192
