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jhayes
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Homework Statement
I have searched the net for an online calculator to figure out this problem. Your expertise would help!
An investment of 3 million dollars is expected to become 6 million dollars in ten years. What is the expected rate of return?
Homework Equations
E(Ri) = Rf + ßi(Rm – Rf); whereby E(Ri) is the expected rate of return on an investment, Rf is the rate of return on risk-free asset, ßi is an investment's beta, and (Rm – Rf) is the market risk premium;