Question
The risk-free interest is 2.1 percent and the overall stock market earns return of 6.5 percent higher than the risk-free interest rate at the moment.
The risk-free interest is 2.1 percent and the overall stock market earns return of 6.5 percent higher than the risk-free interest rate at the moment. If the cost of equity of Griffith Ltd. is 5.5 percent, what is the beta of the company if we apply the notion of the capital asset pricing theory?
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Principles of Managerial Finance
Authors: Lawrence J. Gitman, Chad J. Zutter, Wajeeh Elali, Amer Al Roubaix
Arab World Edition
1408271583, 978-1408271582
