Assume that the risk-free rate is 6% and the expected return on the market is 10%. What is the required rate of return on a stock with a beta of 1.6? Round the answer to two decimal places.

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter3: Risk And Return: Part Ii
Section: Chapter Questions
Problem 2P: APT An analyst has modeled the stock of Crisp Trucking using a two-factor APT model. The risk-free...
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Solve this question financial accounting

Assume that the risk-free rate is 6% and the
expected return on the market is 10%.
What is the required rate of return on a
stock with a beta of 1.6? Round the answer
to two decimal places.
Transcribed Image Text:Assume that the risk-free rate is 6% and the expected return on the market is 10%. What is the required rate of return on a stock with a beta of 1.6? Round the answer to two decimal places.
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