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You want to invest in Costco Stock and would like to know the potential returns of the stock. You notice that COST has a beta
You want to invest in Costco Stock and would like to know the potential returns of the stock. You notice that COST has a beta of 0.67. You look up the 10 -year treasury bond Yield to Maturity (YTM) and notice the going rate of return on T-Bills is 3.78%. You are given that the market return for COST stock and its sector is 5%. What is the estimated rate of return on COST(round your answer to two decimal places)\{DO NOT USE \% SIGN...JF THE ANSWER IS 12.3\% TYPE 12.3)? Tvped numeric answer will be automatically saved
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