单选题
An analyst gathered the following information about stock A and the market index:
Based only on the information above, the analyst"s most appropriate conclusion is that the stock is:
| Estimated future rate of retum for stock A |
16%
|
| Covariance of stock Awith the market index |
600.0
|
| standard deviation of the market index |
20.0
|
| Risk-free rate of retum |
5%
|
| Yield of zero coupon Treasury bond |
6%
|
| Expected future rate of return for the market index |
13%
|
【正确答案】
B
【答案解析】β = Cov
im
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