A manager believes his firm will earn a 1635 percent return


A manager believes his firm will earn a 16.35 percent return next year. His firm has a beta of 1.13, the expected return on the market is 13.90 percent, and the risk-free rate is 7.90 percent. Compute the return the firm should earn given its level of risk. (Round your answer to 2 decimal places.)

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Financial Management: A manager believes his firm will earn a 1635 percent return
Reference No:- TGS01572019

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