Question
Risky Prospecting Co. is considering a new excavation project. The company believes. that the project has a beta of 3.65. The T-bill rate is
Risky Prospecting Co. is considering a new excavation project. The company believes. that the project has a beta of 3.65. The T-bill rate is 5.2%, and the S&P 500 return is 11.1%. What is the appropriate return on the new project?
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Statistics For Business And Economics
Authors: Paul Newbold, William Carlson, Betty Thorne
8th Edition
0132745658, 978-0132745659
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