Suppose the risk-free return is 3.9% and the market portfolio has an expected return of...
50.1K
Verified Solution
Link Copied!
Question
Accounting
Suppose the risk-free return is 3.9% and the market portfolio has an expected return of 11.5% and a standard deviation of 16%. Johnson Johnson Corporation stock has a beta of 0.29. What is its expected return? The expected return is [%. (Round to two decimal places.)
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: Zin AI - Your personal assistant for all your inquiries!