Ben & Terry's has an expected return of 13.2 percent and a beta of 1.08.The expected return on the market is 12.4 percent.What is the risk-free rate?
A) 3.87 percent
B) 4.24 percent
C) 2.61 percent
D) 3.29 percent
E) 2.40 percent
Correct Answer:
Verified
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