Surf and Spray Inc. has a beta equal to 1.8 and a required return of 1
Surf and Spray Inc. has a beta equal to 1.8 and a required return of 15% based on the CAPM. If the
risk-free rate of return is 4.2%, the expected return on the market portfolio is
A) 10.2%. B) 21%. C) 19.2%. D) 13.4%.
ANSWER
A
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