Westsyde Tool Company is expected to pay a dividend of $1.50 in the upcoming year.The risk-free rate of return is 6% and the expected return on the market portfolio is 14%.Analysts expect the price of Westsyde Tool Company shares to be $29 a year from now.The beta of Westsyde Tool Company's stock is 1.20.Using the CAPM,an appropriate required return on Westsyde Tool Company's stock is _________.

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The Answer of Westsyde Tool Company is expected to pay a dividend of $1.50 in the upcoming year.The risk-free rate of return is 6% and the expected return on the market portfolio is 14%.Analysts expect the price of Westsyde Tool Company shares to be $29 a year from now.The beta of Westsyde Tool Company's stock is 1.20.Using the CAPM,an appropriate required return on Westsyde Tool Company's stock is _________.

Westsyde Tool Company Is Expected to Pay a Dividend of $1.50