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Latihan Soal Biaya Modal
Latihan Soal Biaya Modal
The expected return on the market portfolio is 10.9 percent, and the risk-free rate
is 3.2 percent. Both companies are subject to a corporate tax rate of 35 percent.
a. What is the equity beta of each of the two companies?
b. What is the required rate of return on each of the two companies’ equity?
4. Arithmetic and Geometric Returns A stock has had returns of 27 percent, 12 percent,
32 percent, -12 percent, 19 percent, and -31 percent over the last six years. What
are the arithmetic and geometric returns for the stock?