Question
The expected return for the market is 9% and the T-bill rate is 3%. Binturang Corporation has a beta of 1.3. According to the CAPM,
The expected return for the market is 9% and the T-bill rate is 3%. Binturang Corporation has a beta of 1.3. According to the CAPM, what is the required return of Binturang?
a.9.90%
b.11.40%
c.10.80%
d.none of the choices
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Multinational Financial Management
Authors: R M Srivastava
1st Edition
8174466703, 9788174466709
