Expected return on the market
Problem:
A stock has an expected return of 14 percent, its beta is 1.60, and the risk-free rate is 4.8 percent.
Required:
Question: What must the expected return on the market be?
Note: Please explain comprehensively and give step by step solution.
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Question: What must the expected return on the market be? Note: Please explain comprehensively and give step by step solution.
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