Question: can i get steps and formula to solve this stion 6 Last year. Spencer inc, sock had an expected rute of return of 12.4% while
can i get steps and formula to solve this
stion 6 Last year. Spencer inc, sock had an expected rute of return of 12.4% while the market riak-premium was 8 . 3 . and the nik.fice rate was 2.5%. For this coming year, if the market risk-premium is 236 higher but everything else such as the stocks beta or the risk free rate stays the jame as last year, whan wili be the sxpected rate of return for the ceming year for Spencer inc. stock? Selected Ansiner 14 ? Correct Anwer 14.55+0.05
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