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You have $10,000 and you want to know if Chevron,LLC is a good buy. The firms total risk is 15%, its systematic risk is 0.9,
You have $10,000 and you want to know if Chevron,LLC is a good buy. The firms total risk is 15%, its systematic risk is 0.9, the t-bill rate is 2.1%, the 30 year treasury rate is 3.5%, and the average market return is 8.6%. According to the CAPM, what is the expected return on Chevron, LLC? (Enter your answer in percent, but without the % symbol. For example, if your answer is 7.2%, type "7.2" as your answer.)
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