The return on the market is 12 percent and the risk-free


Question - The common stock of Flavorful Teas has an expected return of 13.92 percent. The return on the market is 12 percent and the risk-free rate of return is 2.4 percent. What is the beta of this stock?

0.83

1.08

0.60

4.80

1.20

Solution Preview :

Prepared by a verified Expert
Accounting Basics: The return on the market is 12 percent and the risk-free
Reference No:- TGS02791062

Now Priced at $20 (50% Discount)

Recommended (90%)

Rated (4.3/5)