Question
Tonya has estimated a stock's beta to be a positive 0.75.The risk-free rate is 2 percent, and the market return is expected to be 6.7
Tonya has estimated a stock's beta to be a positive 0.75.The risk-free rate is 2 percent, and the market return is expected to be 6.7 percent.What is the expected return on the stock based on the CAPM?
6.3 percent
7.6 percent
8.4 percent
5.5 percent
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Personal Financial Planning
Authors: Lewis J. Altfest
2nd edition
1259277186, 978-1259277184
