Solved

The Common Stock of PDS Has a Beta Of

Question 345

Multiple Choice

The common stock of PDS has a beta of.98 and an expected return of 12.34%. The risk-free rate of return is 4.1% and the market rate of return is 11.65%. Which one of the following statements is true given this information?


A) The return on PDS stock will graph below the Security Market Line.
B) PDS stock is underpriced.
C) The expected return on PDS stock based on the Capital Asset Pricing Model is 15.52%.
D) PDS stock has more systematic risk than the overall market.
E) PDS stock is correctly priced.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents