Mulherin's stock has a beta of 1.23,its required return is 10.00%,and the risk-free rate is 2.30%.What is the required rate of return on the market? (Hint: First find the market risk premium. )Do not round your intermediate calculations.
A) 9.59%
B) 10.02%
C) 8.56%
D) 7.96%
E) 8.99%

Question

Quizplus · Accepted Answer

The Answer of Mulherin's stock has a beta of 1.23,its required return is 10.00%,and the risk-free rate is 2.30%.What is the required rate of return on the market? (Hint: First find the market risk premium. )Do not round your intermediate calculations.
A) 9.59%
B) 10.02%
C) 8.56%
D) 7.96%
E) 8.99%

Mulherin's Stock Has a Beta of 1