Radagast Inc. has one-million common shares outstanding, with each share priced at $12. The companys equity beta

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Radagast Inc. has one-million common shares outstanding, with each share priced at $12. The company’s equity beta is 2. What is the expected return on the company’s shares if the risk-free rate is 3% and the market return is 12%?

Select one:

a. 5%

b. 8%

c. 13%

d. 21%

e. 31%

Related Book For answer-question

Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

ISBN: 978-1285190907

8th edition

Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

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Posted Date: Feb 13, 2024 01:44 AM

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Radagast Inc. has one-million common shares outstanding, with each share priced at $12. The companys equity beta

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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

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