Question: 02:12:31 Book Problem 13-13 Using CAPM [LO4] A stock has a beta of 1.16, the expected return on the market is 12 percent, and the
02:12:31 Book Problem 13-13 Using CAPM [LO4] A stock has a beta of 1.16, the expected return on the market is 12 percent, and the risk- free rate is 3.5 percent. What must the expected return on this stock be? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Expected return 12.61 %
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