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A stock has an expected return of 10.8 percent, the risk-free rate is 1.0 percent, and the market risk premium is 7.7 pe

Posted: Wed May 18, 2022 11:05 pm
by answerhappygod
A stock has an expected return of 10.8 percent, the risk-free
rate is 1.0 percent, and the market risk premium is 7.7 percent.
What must the beta of this stock be? (Do not round
intermediate calculations. Round your answer to 2 decimal
places.)