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provide steps to understand (CAPM with personal taxes): suppose the risk free rate is 8%, market return is 10%, the dividend yield of the market
provide steps to understand
(CAPM with personal taxes): suppose the risk free rate is 8%, market return is 10%, the dividend yield of the market portfolio is 15%. If the dividend yield for stock A is 12%, and the tax rate is 25%. Given a beta 0.6, what is the expected return of stock A? 4.2% 9.15% 6.4% 10.45%Step by Step Solution
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