Multiple Choice
Billings,Inc.common stock has a beta of 1.2.If the expected risk free return is 4% and the expected market risk premium is 9%,what is the expected return on Billing's stock?
A) 10.0%
B) 12.0%
C) 13.8%
D) 14.8%
Correct Answer:

Verified
Correct Answer:
Verified
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