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Question 273 pts The beta of Elsenore, Inc., stock is 1.8, whereas the risk-free rate of return is 7 percent. If the expected return on
Question 273 pts
The beta of Elsenore, Inc., stock is 1.8, whereas the risk-free rate of return is 7 percent. If the expected return on the market is 14 percent, then what should investors expect as a return on Elsenore?
| |
A) | 11.20% |
B) | 16.20% |
C) | 17.60% |
D) | 19.60% |
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