Wendy purchased 800 shares of Robotics stock at $3 per share on 1/1/09. Wendy sold the shares on
12/31/09 for $3.45. Robotics stock has a beta of 1.3, the risk-free rate of return is 3%, and the market
risk premium is 8%.
The required return on Robotics stock is
A) 16.5%. B) 21.1%. C) 17.6%. D) 13.4%.
D
Business
You might also like to view...
Financial accounting (FI) documents, management accounting or controlling (CO) documents, and material documents are referred to as
a. Transaction Documents b. Transaction Data c. Material Group d. Virtual Documents e. None of the above
Business
The following are all functions of a chief information officer (CIO) EXCEPT ________
A) creating business opportunities B) overseeing the accounting office C) processing information D) updating computer systems E) balancing the benefits of technology against the costs
Business