Question
The risk-free rate is 2.76% and the expected return on the market 10.75%. A stock with a of 1.05 will have an expected return of
The risk-free rate is 2.76% and the expected return on the market 10.75%. A stock with a of 1.05 will have an expected return of ____%.
Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
7th Edition
0357442040, 978-0357442043
