Assume that the risk-free return (RF) is equal to 10%, the market portfolio return (KM) is equal to 15%, and the beta (beta A) of stock A is equal to 1.2.
(1) What should the necessary rate of return (KA) of stock A be?
(2) If RF increases from 10% to 13%, and the slope of the security market line remains unchanged, what will be the impact on KM and KA ?
(3) If RF is still 10%, but KM is reduced from 15% to 13%, what will be the impact on KA?
没有找到相关结果