Question
The market expected rate of return is 8%, and the risk-free rate is 5%. If security A has an expected rate of return of 15%,
The market expected rate of return is 8%, and the risk-free rate is 5%. If security A has an expected rate of return of 15%, a beta of 1.1, then the alpha of the stock is ____. Answer in decimal
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M Wahlen, Stephen P Baginskl, Mark T Bradshaw
7th Edition
9780324789423, 324789416, 978-0324789416
