The common stock of Josep and Josep has an expected return of 11.4 percent and a beta of 1.1. The expected return on the market
The common stock of Josep and Josep has an expected return of 11.4 percent and a beta of 1.1. The expected return on the market is 10.6 percent. What is the risk-free rate?
| A. | 2.6 percent | |
| B. | 2.9 percent | |
| C. | 3.8 percent | |
| D. | 4.1 percent | |
| E. | 4.4 percent |
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Authors: Melissa M. Smith, Glenda C. Williams, Larry Powell, Gary A. Copeland
1st Edition
0739145657, 978-0739145654
