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Problem 13-14 Using CAPM [LO4] A stock has an expected return of 13.6 percent, the risk-free rate is 6 percent, and the market risk
Problem 13-14 Using CAPM [LO4] A stock has an expected return of 13.6 percent, the risk-free rate is 6 percent, and the market risk premium is 10 percent. What must the beta of this stock be? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Beta of stock
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Finance Applications and Theory
Authors: Marcia Cornett, Troy Adair
3rd edition
1259252221, 007786168X, 9781259252228, 978-0077861681
