The expected return on the market is 10%, the risk free rate is 5% and
The expected return on the market is 10%, the risk free rate is 5% and Black Magic Cosmetics Inc. has a beta of -1. What is the expected return for Black Magic Cosmetics Inc.?
A) -10%
B) -5%
C) 0%
D) 5%
E) 7.5%
ANSWER
C
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