(Answered) Hastings entertainment has a beta of 065 if the market

Engineering

Hastings Entertainment has a beta of 0.65. If the market return is expected to be 11 percent and the risk free rate is 4 percent, what is Hastings required return? use the capital asset pricing model to calculate return. Recalculate with a change to beta and explain effect of 1.0 increase in beta on the subsequent amount of change in the required return

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