1. The payback method considers the time value of money. True / False
2. There are only two stock markets (NYSE and NASDAQ) where your stock trades may be executed. True / False
3. Using CAPM. A stock has a beta of 1, the expected return on the market is 14%, and the risk-free rate is 5%. What is the expected return on this stock?
12%
13%
14%
15%