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Returns for the Alcoff Company over the last 3 years are shown below. What's the standard deviation of the firm's returns? ( Hint: This is
Returns for the Alcoff Company over the last years are shown below. What's the standard deviation of the firm's returns? Hint: This is a sample, not a complete population, so the sample standard deviation formula should be used.
Year
Return
a
b
c
d
e
Hazel Morrison, a mutual fund manager, has a $ million portfolio with a beta of The riskfree rate is and the market risk premium is Hazel expects to receive an additional $ million, which she plans to invest in additional stocks. After investing the additional funds, she wants the fund's required and expected return to be What must the average beta of the new stocks be to achieve the target required rate of return?
a
b
c
d
e
A stock is expected to pay a dividend of $ at the end of the year. The required rate of return is rs and the expected constant growth rate is g What is the stock's current price?
a $
b $
c $
d $
e $
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