Myopia Camera Stores has a cost of equity of 18% and the market return

Myopia Camera Stores has a cost of equity of 18% and the market return is 12%. What is the firm’s beta if the risk-free rate is 6%?

A) 2.0
B) 1.0
C) 0.8
D) 2.3
E) 1.3

 

 

ANSWER

A

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