Question
Review the following market information: Current Stock Market Return 11.25% Current T-Bill Price $979.43 Historic T-Bill Average Return 2.80% Historic Stock Market Average Return 8.10%
Review the following market information:
Current Stock Market Return 11.25%
Current T-Bill Price $979.43
Historic T-Bill Average Return 2.80%
Historic Stock Market Average Return 8.10%
Stock Beta 1.54
What is the required return (rounded to two places)?
-
10.96%
-
None of the above
-
15.11%
-
10.26%
-
16.19%
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Fundamentals Of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 10th Edition
1337902578, 978-1337902571
