V PR Annotate 0 Rotate 000 H Firm A Firm B Firm C You have the following data on the securities of three firms: Return l
Posted: Sun Jul 03, 2022 12:52 pm
V PR Annotate 0 Rotate 000 H Firm A Firm B Firm C You have the following data on the securities of three firms: Return last year 10% 11% 12% P0900 Beta 0.8 1.0 1.2 00 Read Mode Background" 15 marks] If the risk-free rate last year was 3%, and the return on the market was 11%, which firm had the best performance on a risk-adjusted basis? Why? [5 marks] C