A stock has a beta of 118 the expected return on the market


A stock has a beta of 1.18, the expected return on the market is 11.2 percent, and the risk-free rate is 4.85 percent.

Required:

What must the expected return on this stock be? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Request for Solution File

Ask an Expert for Answer!!
Financial Management: A stock has a beta of 118 the expected return on the market
Reference No:- TGS0979322

Expected delivery within 24 Hours