NO.PZ202210140200000105
问题如下:
Common stock issues in the aforementioned market with average systematic risk are most likely to have required rates of return of:
选项:
A.between 2% and 7%.
between 7% and 9%.
9% or greater.
解释:
C is correct. Based on a long-term government bond yield of 7%, a beta of 1, and any of the risk premium estimates that can be calculated from the givens (e.g., a 2% historical risk premium estimate or 3.0% Grinold-Kroner ERP estimate), the required rate of return would be at least 9%. Based on using a short-term rate of 9%, C is the correct choice.
您好老师,这道题解析中说 beta = 1,是说历史估计法都是假设 beta = 1 的是吗?谢谢老师