问题
单项选择题
What is the expected rate of return on a stock that has a beta of 1.4 if the market risk premium is 9 percent and the risk-free rate is 4 percent()
A. 16.6%
B. 11.0%
C. 13.0%
答案
参考答案:A
解析:
Using the security market line (SML) equation: 4%+1.4×9%=16.6%.