Question
The expected return for a share calculated using the CAPM is 10.5%. The market return is 9.5% and the beta of the share is 1.50.
The expected return for a share calculated using the CAPM is 10.5%. The market return is 9.5% and the beta of the share is 1.50. Calculate the implied risk-free rate.
hi just wondering how to do the algebra side of the formula and how to move the numbers across
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Public Finance A Contemporary Application of Theory to Policy
Authors: David N Hyman
11th edition
9781305474253, 1285173953, 1305474252, 978-1285173955
