ABC, Inc., has a beta of 2.03. The risk-free rate is 2.3% and the market risk premium
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ABC, Inc., has a beta of 2.03. The risk-free rate is 2.3% and the market risk premium is 6%. What is the required rate of return on ABC's stock?
Note: Convert your answer to percentage and round off to two decimal points. MIGHT BE EASIER TO USE GOAL SEEK?
Related Book For
Managerial Economics
ISBN: 978-0133020267
7th edition
Authors: Paul Keat, Philip K Young, Steve Erfle
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