Assume that the risk-free rate is 4% and the expected return on the market is 11%. What is the required rate of return on a stock with a beta of 2.3?

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter6: Risk And Return
Section: Chapter Questions
Problem 14P
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Answer? ? Financial accounting

Assume that the risk-free rate is 4% and
the expected return on the market is 11%.
What is the required rate of return on a
stock with a beta of 2.3?
Transcribed Image Text:Assume that the risk-free rate is 4% and the expected return on the market is 11%. What is the required rate of return on a stock with a beta of 2.3?
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