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You hear on the news that the S&P 500 was down 2% today relative to the risk-free rate (the markets excess return was -2%). You
You hear on the news that the S&P 500 was down 2% today relative to the risk-free rate (the markets excess return was -2%). You are thinking about your portfolio and your investments in Zynga and Procter & Gamble. a. If Zyngas beta is 1.4, what is your best guess as to Zyngas excess return today? b. If Procter & Gambles beta is 0.5, what is your best guess as to P&Gs excess return today?
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Financial Management Principles And Applications
Authors: Arthur J. Keown, J. William Petty, John D. Martin, Jr. Scott, David F.
10th Edition
0131450654, 9780131450653
