You want to invest in Costco Stock and would like to know the potential returns of...
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You want to invest in Costco Stock and would like to know the potential returns of the stock. You notice that COST has a beta of 0.67. You look up the 10-year treasury bond Yield to Maturity (YTM) and notice the going rate of return on T-Bills is 3.78%. You are given that the market return for COST stock and its sector is 5%. What is the estimated rate of return on COST (round your answer to two decimal places) {DO NOT USE % SIGN...IF THE ANSWER IS 12.3% TYPE 12.3)? Typed numeric answer will be automatically saved. You want to invest in Costco Stock and would like to know the potential returns of the stock. You notice that COST has a beta of 0.67. You look up the 10-year treasury bond Yield to Maturity (YTM) and notice the going rate of return on T-Bills is 3.78%. You are given that the market return for COST stock and its sector is 5%. What is the estimated rate of return on COST (round your answer to two decimal places) {DO NOT USE % SIGN...IF THE ANSWER IS 12.3% TYPE 12.3)? Typed numeric answer will be automatically saved.
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Related Book For
Corporate Finance
ISBN: 978-0077861759
10th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
Posted Date:
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