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Hardware and Moore has an expected return of 12.9 percent and a beta of 1.21. The expected return on the market is 11.7 percent.

Required:

Qeustion: What is the risk-free rate?

A) 3.87 percent

B) 4.24 percent

C) 4.61 percent

D) 5.38 percent

E) 5.99 percent

Note: Please show basic calculation

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91166897

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