A stock has an expected return of 10.6 percent, its beta is 0.99, and the risk-free rate

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A stock has an expected return of 10.6 percent, its beta is 0.99, and the risk-free rate is 6.2 percent.

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What must the expected return on the market be? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).)

Expected return

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Corporate Finance Core Principles And Applications

ISBN: 9781260571127

6th Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan

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Posted Date: Mar 08, 2024 12:19 AM

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A stock has an expected return of 10.6 percent, its beta is 0.99, and the risk-free rate

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Corporate Finance Core Principles And Applications

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