Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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The market expects a stock to return 14.54% over the next year. The stock's beta is 0.84. If the risk-free is 1.87% and the market risk premium is 5.22%, what is the stock's alpha?
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