The Common Stock of Cross Country Homes Has an Expected

question 271

Multiple Choice

The common stock of Cross Country Homes has an expected return of 15.18%. The return on the market is 11.6% and the risk-free rate of return is 4.3%. What is the beta of Cross Country Homes stock?

• A) 1.37
• B) 1.42
• C) 1.49
• D) 1.51
• E) 1.56