Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN: 9781337395083
Author: Eugene F. Brigham, Phillip R. Daves
Publisher: Cengage Learning
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Provide correct answer general accounting question
Transcribed Image Text:A stock has an expected return of 15 percent. Its beta is 0.55, and
the risk-free rate is 6.75 percent. What must the expected return
on the market be?
a. 22.84%
b. 22.62%
c. 15.00%
d. 20.66%
e. 21.75%
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