The CAPM can be used to find a business's expected opportunity cost of capital:
r_i=r_f+β_i (r_m-r_f)
What should be used as the risk free rate r_f?
The CAPM can be used to find a business's expected opportunity cost of capital:
r_i=r_f+β_i (r_m-r_f)
What should be used as the risk free rate r_f?