Question
The expected return on Kiwi Computers stock is 15.8 percent. If the risk-free rate is 5.6 percent and the expected return on the market is
The expected return on Kiwi Computers stock is 15.8 percent. If the risk-free rate is 5.6 percent and the expected return on the market is 11 percent, then what is Kiwi's beta? (Round to two decimal places)
A)1.26B)1.89C)2.31D)2.54
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Contemporary Financial Management
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
10th Edition
978-0324289114, 0324289111
