The common stock of Chai Tea Inc has an expected return of 14.4%. The return on the market is 10% and the risk-free rate of return is 3.5%. What is the beta of this stock?
A) .65
B) 1.09
C) 1.32
D) 1.44
E) 1.68
Correct Answer:
Verified
Q114: Quantpiks has been a hot stock the
Q115: You have a $1,000 portfolio which is
Q116: The market has an expected rate of
Q117: The stock of Big Joe's has a
Q118: The stock of Martin Industries has a
Q120: The expected return on HiLo stock is
Q121: The risk-free rate of return is 5%
Q122: A portfolio is made up of 75%
Q123: Explain in words what beta is and
Q124: Your portfolio is comprised of 20% of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents