Business, 21.12.2020 18:00 shyanne316
The stock in Bowie Enterprises has a beta of .89. The expected return on the market is 11.90 percent and the risk-free rate is 2.93 percent. What is the required return on the company's stock?a. 10.91%b. 13.52%c. 10.31%d. 10.61%e. 12.22%
Answers: 2
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The stock in Bowie Enterprises has a beta of .89. The expected return on the market is 11.90 percent...
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