Hastings Entertainment Has a Beta of 1

question 58

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%
• B) 12.44%
• C) 14.96%
• D) 16.40%

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