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Problem 11-16 Using CAPM [LO 4] A stock has an expected return of 12.4 percent and a beta of 1.15, and the expected return on
Problem 11-16 Using CAPM [LO 4]
A stock has an expected return of 12.4 percent and a beta of 1.15, and the expected return on the market is 11.4 percent.
Required: What must the risk-free rate be? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).)
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Dave Ramseys Complete Guide To Money
Authors: Dave Ramsey
1st Edition
1937077209, 978-1937077204
