(b) Your broker informs you that the share of Minion Berhad is going to rise...
80.2K
Verified Solution
Link Copied!
Question
Finance
(b) Your broker informs you that the share of Minion Berhad is going to rise from RM22 to RM27.15 per share over the next year. You know that the annual return on the FTSE BM \\( \\mathrm{KLCl} \\) has been 11.25 percent and the Malaysian Treasury Bills (MTB) rate has been yielding 4.75 percent per year over the past 10 years. If beta for Minion Berhad is 3.25 , will you consider of buying the share
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
(b) Your broker informs you that the share of Minion Berhad is going to rise from RM22 to RM27.15 per share over the next year. You know that the annual return on the FTSE BM \\( \\mathrm{KLCl} \\) has been 11.25 percent and the Malaysian Treasury Bills (MTB) rate has been yielding 4.75 percent per year over the past 10 years. If beta for Minion Berhad is 3.25 , will you consider of buying the share 