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Hastings Entertainment Has a Beta of 1

Question 96

Multiple Choice

Hastings Entertainment has a beta of 1.24. If the market return is expected to be 10 percent and the risk-free rate is 4 percent, what is Hastings' required return?


A) 11.44 percent
B) 12.44 percent
C) 14.96 percent
D) 16.40 percent

Correct Answer:

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