A stock has an expected return of 15 percent, its beta is 0.4, and the risk-free rate is 6.75 percent. The expected return on the market must be ?percent.
This sample give the ERM as 0.2738 but dosent give the formula. What would the formula be?
This sample give the ERM as 0.2738 but dosent give the formula. What would the formula be?