Corporate Fin Focused Approach
Corporate Fin Focused Approach
5th Edition
ISBN: 9781285660516
Author: EHRHARDT
Publisher: Cengage
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?? Financial accounting question

A stock has a beta of 1.15, the expected return on the market is 16 percent, and the risk-free rate is 7.2 percent. What must the expected return on this stock be?
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Transcribed Image Text:A stock has a beta of 1.15, the expected return on the market is 16 percent, and the risk-free rate is 7.2 percent. What must the expected return on this stock be?
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