Question
The expected return for the overall market portfolio is 10.99% and the current T-bill rate is 1.37%. If a stock has an expected return of
The expected return for the overall market portfolio is 10.99% and the current T-bill rate is 1.37%. If a stock has an expected return of 11.05% and the CAPM holds, what is the stock's beta?
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Financial Management Principles And Practice
Authors: Timothy J. Gallagher, Joseph D. Andrew
3rd Edition
0131768824, 978-0131768826
