问题如下:
An analyst gathers the following information:
With respect to the capital asset pricing model, if the expected market risk premium is 6%,the security with the highest expected return is:
选项:
A.Security 1.
B.Security 2.
C.Security 3.
解释:
C is correct.
Security 3 has the highest beta; thus, regardless of the value for the risk-free rate, Security 3 will have the highest expected return: E(Ri) = Rf + βi[E(Rm)–Rf]
请问题目里哪里说到Rf相同呢,谢谢