Kizspy | Question: 4
(Choose 1 answer)
The risk-free rate of return is currently 3 percent and the market risk premium is 6 percent. If the beta of Lenz,Inc., stock is 1.8, then what is the expected return on Lenz?
Α. 8.40%
Β. 10.80%
C. 13.80%
D. 19.20%