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Panther city enterprises have a beta of 0.70, the real risk-free rate is 2.00%, investors expect a 3.00% future inflation rate, and the market risk
Panther city enterprises have a beta of 0.70, the real risk-free rate is 2.00%, investors expect a 3.00% future inflation rate, and the market risk premium is 4.70%. What is Panther's required rate o return? Show your formula and work.
A. 7.96%
B. 8.29%
C.9.70%
D. 10.81%
E. 11.29%
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