A stock has a beta coefficient, ?, equal to 1.20. The risk premium associated with the market is 9 percent, and the risk-free rate is 5 percent. Application of the capital asset pricing model indicates that the stock's appropriate return should be _____.

A. 9.8%
B. 5.2%
C. 12.5%
D. 15.8%
E. 17.2%


Answer: D

Business

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A) appropriation B) the Good Samaritan law C) duty of care D) res ipsa loquitur

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If a company announces a change in its dividend policy from a zero target payout ratio to a 100% payout policy, this action could be expected to increase the value of long-term options (say 5-year options) on the firm's stock.

Answer the following statement true (T) or false (F)

Business

Braymiller Inc. has a $1,600,000 investment opportunity with the following characteristics: Sales$4,000,000 Contribution margin ratio  30% of salesFixed expenses$1,040,000 ?The turnover for this investment opportunity is closest to:

A. 0.04 B. 0.40 C. 25.00 D. 2.50

Business

The simple process of counting the number of observations (cases) that are classified into certain categories is known as _____.

A. editing B. tabulation C. screening D. validation E. data entry

Business