题目
Suppose an analyst examines expected return for the Broad Band Company (BBC) base on a 2-factor model. Initially, the expected return for BBC equals 10%. The analyst identifies GDP and 10-year interest rates as the two factors for the factor model. Assume the following data is used: *GDP growth consensus forecast = 6% *Interest rate consensus forecast = 3% *GDP factor beta for BBC = 1.5 *Interest rate factor beta for BBC = -1.00 Suppose GDP ends up growing 5% and the 10-year interest rate ends up equaling 4%. Also assume that during the period, the Broad Band Company unexpectedly experiences shortage of key inputs, causing its revenues to be less than originally expected. Consequently, the firm-specific return is -2% during the period. Using the 2-factor model with the revised data, which of the following expected returns for BBC is correct?
选项
A.1.5%
B.3.5%
C.5.5%
D.6.5%
答案
C
解析
Calculation process is shown as the following: 计算过程如下：「huixue_img/importSubject/1564170575201570816.png」