Question
Suppose the risk-free return is 7.9% and the market portfolio has an expected return of 10.5% and a standard deviation of 16%. Johnson & Johnson
Suppose the risk-free return is 7.9% and the market portfolio has an expected return of 10.5% 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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Real Estate Finance And Investments
Authors: William Brueggeman, Jeffrey Fisher
17th Edition
1264072945, 978-1264072941
