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Suppose you estimate Googles market beta of 1.61, HML beta -0.02, SMB beta -1.05, RMW beta 0.92, and CMA beta -1.36. If the risk-free rate
Suppose you estimate Googles market beta of 1.61, HML beta -0.02, SMB beta -1.05, RMW beta 0.92, and CMA beta -1.36. If the risk-free rate is 4%, expected market risk premium is 6%, expected HML return is 5%, expected SMB return is 3%, expected RMW return is 3%, and expected CMA return is 4%. Estimate Googles expected return.
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