The common stock of CTI has an expected return of 14.48 percent. The return on the market

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The common stock of CTI has an expected return of 14.48 percent. The return on the market is 11.6 percent and the risk-free rate of return is 3.42 percent. What is the beta of this stock?

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Fundamentals of Financial Management

ISBN: 978-0324664553

Concise 6th Edition

Authors: Eugene F. Brigham, Joel F. Houston

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Posted Date: Mar 14, 2024 03:44 AM

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The common stock of CTI has an expected return of 14.48 percent. The return on the market

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The beta of the CTI stock is 135 We can calculate the beta using the ... View the full answer

Fundamentals of Financial Management

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