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You own Caterpillar Inc., stock that has an expected return of 11.33% and a beta of 0.95. The current U.S. Treasury bill is yielding 0.07%
You own Caterpillar Inc., stock that has an expected return of 11.33% and a beta of 0.95. The current U.S. Treasury bill is yielding 0.07% and the inflation rate is 0.62%. What is the expected rate of return on the market O a. 12.03% b. 11.92% O C. 10.61% d. 9.74%
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