Snow Fooling stock has an expected return of 8.17 percent and its reward-to-risk ratio is 6.9 percent. If the risk-free rate is 2.1 percent, what is the stock's beta?

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter2: Risk And Return: Part I
Section: Chapter Questions
Problem 14P: You have observed the following returns over time: Assume that the risk-free rate is 6% and the...
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Snow Fooling stock has an expected return of 8.17 percent and its reward-to-risk ratio is 6.9 percent. If the risk-free rate is 2.1 percent, what is the stock's beta?

 

 
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