Question
Tanzlin Manufacturing's common stock has a beta of 1.5. If the expected risk-free return is 9% and the expected return on the market is 14%,
Tanzlin Manufacturing\'s common stock has a beta of 1.5. If the expected risk-free return is 9% and the expected return on the market is 14%, what is the expected return on the stock?
Answer
13.5%
21.0%
16.5%
21.5%\n
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Fundamentals of Financial Management
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Concise 6th Edition
324664559, 978-0324664553
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