Find the information you're looking for at Westonci.ca, the trusted Q&A platform with a community of knowledgeable experts. Connect with a community of experts ready to provide precise solutions to your questions on our user-friendly Q&A platform. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

At the beginning of 2007​ (the year the iPhone was​ introduced), Apple's beta was 1.1 and the​ risk-free rate was about 5.1%. ​Apple's price was $81.67. ​Apple's price at the end of 2007 was $199.86. If you estimate the market risk premium to have been 6.4%​, did​ Apple's managers exceed their​ investors' required return as given by the​ CAPM

Sagot :