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Problem 15 You have until 1:55 PM to complete this assignment. Intro CMTronic has current earnings per share of $1.53, a stock price of $49.38,

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Problem 15 You have until 1:55 PM to complete this assignment. Intro CMTronic has current earnings per share of $1.53, a stock price of $49.38, a return on equity of 7% and a beta of 1.7. The risk-free rate is 4% and the expected market risk premium is 4.5%. Part 1 | Attempt 1/1 for 10 pts. What is the required rate of return for the company according to the CAPM? $+ decimals Submit

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