Business, 14.12.2019 06:31, MiaZo5869

If the capm is used to estimate the cost of equity capital, the expected excess market return is equal to the:

a. return on the stock minus the risk-free rate.
b. difference between the return on the market and the risk-free rate.
c. beta times the market risk premium.
d. beta times the risk-free rate.
e. market rate of return.

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If the capm is used to estimate the cost of equity capital, the expected excess market return is equ...