Question
You believe that CAPM hold. The stock has a beta of 1.5. The expected risk free rate is 4%, and the market return is 11%.
You believe that CAPM hold. The stock has a beta of 1.5. The expected risk free rate is 4%, and the market return is 11%. Analysis have also determined that ABC Co has an expected return of 13%. Based on the analysis forecasts, you would believe that the security is?
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Intermediate Financial Management
Authors: Eugene F Brigham, Phillip R Daves
14th Edition
0357516664, 978-0357516669
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