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manman · 2022年05月10日

beta=1怎么从题干看出来

* 问题详情,请 查看题干

NO.PZ201512300100000305

问题如下:

5. Common stock issues in the above market with average systematic risk are most likely to have required rates of return:

选项:

A.

between 2 percent and 7 percent.

B.

between 7 and 9 percent.

C.

9 percent or greater.

解释:

C is correct.

Based on a long-term government bond yield of 7 percent, a beta of 1, and any of the risk premium estimates that can be calculatedfrom the givens (e.g., a 2 percent historical risk premium estimate or 4.3 percent supply side equity risk premium estimate), the required rate ofreturn would be at least 9 percent. Based on using a short-term rate of 9 percent, C is the correct choice.

beta=1怎么从题干看出来

1 个答案

王园圆_品职助教 · 2022年05月10日

嗨,从没放弃的小努力你好:


同学你好,是从题目看出来的“5. Common stock issues in the above market with average systematic risk are most likely to have required rates of return:”

大盘的风险β=1。同学可以会议一下当初大盘的风险β等于1这个定义是怎么来的。这是因为市场是所有股票的风险的平均值,也就是有一半股票的风险比大盘高,有一半比大盘低,然后我们就定义了大盘的风险就是β=1。本题说了是平均的市场风险,也就是β默认等于1哦~~

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NO.PZ201512300100000305 问题如下 5. Common stoissues in the above market with average systematic risk are most likely to have requirerates of return: A.between 2 percent an7 percent. B.between 7 an9 percent. C.9 percent or greater. C is correct.Baseon a long-term government bonyielof 7 percent, a beta of 1, anany of the risk premium estimates thccalculaterom the givens (e.g., a 2 percent historicrisk premium estimate or 4.3 percent supply si equity risk premium estimate), the requirerate ofreturn woulleast 9 percent. Baseon using a short-term rate of 9 percent, C is the correchoice. the short-en yiel are 9 percent an10-yematurities, yiel are 7 percent.The geometric mereturn relative to 10-yegovernment bonreturns over 10years is 2 percent per year.这两句话是不是前后矛盾啊?还是说我理解错了

2022-05-22 20:55 1 · 回答

NO.PZ201512300100000305 这题是不是4.3(上一小问题)*1+7%=11。3>9%

2021-11-17 17:16 2 · 回答

NO.PZ201512300100000305 请问 Baseon using a short-term rate of 9 percent, 这句是说此题中算re要用9%的短期无风险利率来算么?为什么?

2021-08-19 13:26 1 · 回答

NO.PZ201512300100000305 between 7 an9 percent. 9 percent or greater. C is correct. Baseon a long-term government bonyielof 7 percent, a beta of 1, anany of the risk premium estimates thccalculaterom the givens (e.g., a 2 percent historicrisk premium estimate or 4.3 percent supply si equity risk premium estimate), the requirerate ofreturn woulleast 9 percent. Baseon using a short-term rate of 9 percent, C is the correchoice.老师你好,不知道这道题题干中画红线的句子是什么意思?是如何得知ERP为2%的?以及β为1题目原文中也没有提及好像。

2021-07-07 13:02 1 · 回答