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You are considering buying some share in The Wayne Coporation as part of your retirement account. First, you want to calculate the expected return for
You are considering buying some share in The Wayne Coporation as part of your retirement account. First, you want to calculate the expected return for Wayne Corp's stock to see if it meets your very high standards. You have estimateed the \beta for Wayne Corp to be 0.64, the risk free rate in the market to be 1 %, and the expected return on the market to be 11. What is the expected return for Wayne Corp? (Answer in Percentage terms and Round to 2 decimals)
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