Blossom, Inc., stock has a beta of 1.80. If the expected market return is 14.0 percent and the risk-free rate is 8.5 percent, what does CAPM indicate the appropriate expected return for Blossom stock is? (Round answer to 2 decimal places, e.g. 52.75.) Expected return for Blossom stockenter the expected return in percentages rounded to 2 decimal places ( )%
Blossom, Inc., stock has a beta of 1.80. If the expected market return is 14.0
percent and the risk-free rate is 8.5 percent, what does CAPM indicate the appropriate expected return for Blossom stock is? (Round answer to 2 decimal places, e.g. 52.75.)
Expected return for Blossom stockenter the expected return in percentages rounded to 2 decimal places ( )%