The stock of Big Joe's has a beta of 1.56 and an expected return of 12.90 percent.
Fantastic news! We've Found the answer you've been seeking!
Question:
The stock of Big Joe's has a beta of 1.56 and an expected return of 12.90 percent. The risk-free rate of return is 5.4 percent. What is the expected return on the market?
Posted Date: