The Common Stock of CTI Has an Expected Return of 14.48

question 58

Multiple Choice

The common stock of CTI has an expected return of 14.48 percent.The return on the market is 11.6 percent and the risk-free rate of return is 3.42 percent.What is the beta of this stock?

• A).95
• B)1.49
• C)1.31
• D)1.42
• E)1.35

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Definitions:

Enterprise Success

The achievement of desired business outcomes, such as profitability, market share growth, and innovation.

Soviet Union

A former federal socialist state in northern Eurasia that existed from 1922 to 1991, officially known as the Union of Soviet Socialist Republics (USSR).

Resource Market

A market in which households sell and firms buy resources or the services of resources.