King farm manufacturing companys common stock has a beta of


Finance: CAPM, Beta portfolio, Portfolio expected return)

Question

King Farm Manufacturing Company's common stock has a beta of 1.23. If the risk-free rate is 2.39 percent, and the market return is 7.76 percent, calculate the required return on King Farm Manufacturing's common stock.

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Finance Basics: King farm manufacturing companys common stock has a beta of
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