PT ABCD has two types of shares, namely ordinary shares and preferred shares with betas of 1.3
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PT ABCD has two types of shares, namely ordinary shares and preferred shares with betas of 1.3 and 0.9 respectively. The current risk-free interest rate is 6% and the market rate of return is 12%. What is the expected rate of return from PT ABCD's share portfolio? if the proportion of investment in ordinary shares is 60% and preferred shares are 40%
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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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