Question
The annual returns for ABC Inc. for the last three years are 9%, 12%, and 6%. What is the expected annual risk-adjusted return for ABC?
The annual returns for ABC Inc. for the last three years are 9%, 12%, and 6%. What is the expected annual risk-adjusted return for ABC? (rounded % to two places after the decimal)
Answer: 3.67 0.02
Can you show me the steps?
Risk-free rate of return IS NOT REQUIRED to solve this problem.
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Public Finance And Public Policy
Authors: Jonathan Gruber
2nd Edition
0716766310, 9780716766315
