Wendy purchased 800 shares of Robotics Stock at $3 per share on 1/1/09.Wendy sold the shares on 12/31/09 for $3.45.Genetics stock has a beta of 1.3,the risk-free rate of return is 3%,and the market risk premium is 8%.The required return on Genetics Stock is
A) 13.4%.
B) 16.5%.
C) 17.6%.
D) 21.1%.
Correct Answer:
Verified
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