Multiple Choice
The common stock of Cross Country Homes has an expected return of 15.18%. The return on the market is 11.6% and the risk-free rate of return is 4.3%. What is the beta of Cross Country Homes stock?
A) 1.37
B) 1.42
C) 1.49
D) 1.51
E) 1.56
Correct Answer:
Verified
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