Test 2 Chapters 6-10 FA22 (Offici:
Test 2 Chapters 6-10 FA22 (Officia
Bayan Abushanab
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6-10 FA22 (Official)
Question 2 of 50
Amazon, Inc. has a beta of 1.58 . If the expected market return is 15.0 percent and the risk-free rate is 8.0 percent, what is the appropriate required return of Amazon (using the CAPM)?
On your scratch paper, show the question number and your work.
Using the CAPM, the appropriate required return of MFI is \( \square \% \). (Round to two decimal places.)
\( \square \)