Question: A stock has a beta of 1.22, the expected return on…
A stock has a beta of 1.22, the expected return on the market is 12 percent, and the risk-free rate is 4.65 percent.
What must the expected return on this stock be? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Expected return %