A stock has an expected return of 14.00 percent, the risk-free rate is 3.51 percent, and the
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Question:
A stock has an expected return of 14.00 percent, the risk-free rate is 3.51 percent, and the market risk premium is 8.96 percent. What must the beta of this stock be?
(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Related Book For
Corporate Finance
ISBN: 9781259270116
8th Canadian Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Gordon Roberts, Hamdi Driss
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