Question

A stock has a beta of 1.06, the expected return on the market is 12 percent, and the risk-free rate is 3.5 percent. what must the expected return on this stock be? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places,

e.g. 32.16, not 0.3216)

Answer 1

A stock has a beta of 1.06, the expected return on the market is 12 percent, and the risk-free rate is 3.5 percent. what must the expected return on this stock be? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places,