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You consider buying a share of APPL stock at a price of $200 on June 1 st 2020. The stock paid a dividend of $4.0
You consider buying a share of APPL stock at a price of $200 on June 1st 2020. The stock paid a dividend of $4.0 on Jan 15th 2021, and you sold the stock on Jun 1st 2021 for $250. The stock's beta is 0.8, risk-free rate rf is 5%, and Erm=15% . What is the stock's abnormal return (or called alpha)?
- 12%
- 13%
- 14%
- 15%
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