Question
The expected return on Kiwi Computer stock is 21 percent. If the risk-free rate is 3 percent and the expected return on the market is
The expected return on Kiwi Computer stock is 21 percent. If the risk-free rate is 3 percent and the expected return on the market is 12 percent, then what is Kiwis beta?
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Managerial Finance Essentials
Authors: Charles O. Kroncke, Alan E. Grunewald, Erwin Esser Nemmers
2nd Edition
0829901590, 978-0829901597
