A stock has a beta of 1.09, the expected market return is 10.3 percent, and the risk-free

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A stock has a beta of 1.09, the expected market return is 10.3 percent, and the risk-free rate is 4.8 percent.

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What should be the expected return on this stock? (Do not round intermediate calculations. Round your answer to 2 decimal places (eg, 32.16).)

expected return

Related Book For answer-question

Financial reporting, financial statement analysis and valuation a strategic perspective

ISBN: 978-0324789416

7th Edition

Authors: James M Wahlen, Stephen P Baginskl, Mark T Bradshaw

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Posted Date: Jul 20, 2023 02:16 AM

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A stock has a beta of 1.09, the expected market return is 10.3 percent, and the risk-free

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Steps Step 1 of 2 The expected return on the stock is computed on the basis of risk free ratethe ... View the full answer

Financial reporting, financial statement analysis and valuation a strategic perspective

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