What is the discount factor if beta is 1.2, the market risk premium is 5 percent, and
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What is the discount factor if beta is 1.2, the market risk premium is 5 percent, and the riskfree return is 4 percent?
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The discount factor is 100 This is because the expec...View the full answer
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Related Book For 
Financial System Of The Economy Principles Of Money And Banking
ISBN: 9780765622464
5th Edition
Authors: Maureen Burton,Bruce Brown
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