Question
Suppose the risk-free return is 4.7% and the market portfolio has an expected return of 10.4% and a standard deviation of 16%. Johnson & Johnson
Suppose the risk-free return is 4.7% and the market portfolio has an expected return of 10.4% and a standard deviation of 16%. Johnson & Johnson Corporation stock has a beta of 0.33.What is its expected return? The expected return is _______%.
(Round to two decimal places.)
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Financial Reporting Financial Statement Analysis And Valuation
Authors: James M Wahlen, Stephen P Baginskl, Mark T Bradshaw
10th Edition
0357722094, 978-0357722091
