Assume that the risk-free rate is 4.5% and that the expected
1) Assume that the risk-free rate is 4.5% and that the expected return on the market is 12%. What is the required rate of return on a stock that has a beta of 0.4? 2) Needham Pharmaceuticals has a profit margin of 3% and an equity multiplier of 1.5. Its sales are $110 million and it has total assets of $58 million. What is its […]