Asset Y has a beta of 1.2. The risk-free rate of return is 6 percent, while the return on the market portfolio of assets is 12 percent. The asset's market risk premium is ________
A) 7.2 percent
B) 6.0 percent
C) 13.2 percent
D) 10 percent
B
Business
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The following information relates to Newman and Foster, Inc
Sales Revenue $240,000 Cost of Goods Sold 150,000 Interest Revenue 12,000 Operating Expenses 42,500 Sales Discounts 18,000 Sales Returns and Allowances 7,000 Calculate the net income of Newman and Foster. A) $22,500 B) $34,500 C) $77,500 D) $240,000
Business
Explain how a sole proprietorship is taxed
What will be an ideal response?
Business