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You have observed the following returns over time: Year Stock X Stock Y Market 2011 12 % 11 % 13 % 2012 17 5 8
You have observed the following returns over time:
| Year | Stock X | Stock Y | Market | |||
| 2011 | 12 | % | 11 | % | 13 | % |
| 2012 | 17 | 5 | 8 | |||
| 2013 | -12 | -4 | -12 | |||
| 2014 | 3 | 2 | 1 | |||
| 2015 | 21 | 12 | 17 | |||
Assume that the risk-free rate is 4% and the market risk premium is 6%.
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Finance For Nonfinancial Managers Beginners Handbook For Finance
Authors: Murugesan Ramaswamy
1st Edition
1516973801, 978-1516973804
