Consider the single-factor APT.Stocks A and B have expected returns of 15% and 18%,respectively.The risk-free rate of return is 6%.Stock B has a beta of 1.0.If arbitrage opportunities are ruled out,stock A has a beta of __________.
A) 0.67
B) 1.00
C) 1.30
D) 1.69
E) none of these

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The Answer of Consider the single-factor APT.Stocks A and B have expected returns of 15% and 18%,respectively.The risk-free rate of return is 6%.Stock B has a beta of 1.0.If arbitrage opportunities are ruled out,stock A has a beta of __________.
A) 0.67
B) 1.00
C) 1.30
D) 1.69
E) none of these

Consider the Single-Factor APT