Question
The beta of RicciCo.'s stock is 3.2, whereas the risk-free rate of return is 9 percent. If the expected return on the market is 18
The beta of RicciCo.'s stock is 3.2, whereas the risk-free rate of return is 9 percent. If the expected return on the market is 18 percent, then what is the expected return on RicciCo.?
a.28.80%
b.48.60%
c.57.60%
d.37.80%
Please show work.
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Business And Personal Finance
Authors: McGraw-Hill
1st Edition
0078945801, 9780078945809
