Question
The market risk premium is 7.41 percent, the risk-free rate is 2.96 percent, the probability of a recession is 20 percent, and the expected return
The market risk premium is 7.41 percent, the risk-free rate is 2.96 percent, the probability of a recession is 20 percent, and the expected return on a security is 11.78 percent. What is the beta of the security? Answer should be formatted as a percent with 2 decimal places (e.g. 99.99)
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The Analysis And Use Of Financial Statements
Authors: Gerald I. White, Ashwinpaul C. Sondhi, Haim D. Fried
3rd Edition
0471375942, 978-0471375944
