Investors expect the market rate of return this year to be, Financial Management

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Investors expect the market rate of return this year to be

Investors expect the market rate of return this year to be 14.50%. The expected rate of return on a stock with a beta of 1.2 is currently 17.40%. If the market return this year turns out to be 12.10%, how would you revise your expectation of the rate of return on the stock? (Round your answer to 1 decimal place.)

Revised rate of return %

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Financial Management: Investors expect the market rate of return this year to be

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