Question
Problem 13-16 Using CAPM [LO4] A stock has an expected return of 15 percent, its beta is 1.70, and the expected return on the market
Problem 13-16 Using CAPM [LO4]
| A stock has an expected return of 15 percent, its beta is 1.70, and the expected return on the market is 10.8 percent. What must the risk-free rate be? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
| Risk-free rate | % |
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Banking And Finance
Authors: Brian Duignan
1st Edition
1615308946, 978-1615308941
