Solved

Wendy Purchased 800 Shares of Robotics Stock at $3 Per

Question 101

Multiple Choice

Wendy purchased 800 shares of Robotics stock at $3 per share on 1/1/09.Wendy sold the shares on 12/31/09 for $3.45.Robotics stock has a beta of 1.3,the risk-free rate of return is 3%,and the market risk premium is 8%.The required return on Robotics stock is


A) 13.4%.
B) 16.5%.
C) 17.6%.
D) 21.1%.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions