Time | Risk-free rate | Beta | Market premium | Expected return |
Y1 | 16.9% | 0.32 | 75.8% | 0.41 |
Y2 | 22.6% | 1.02 | 36.3% | 0.60 |
Y3 | 14.2% | 1.99 | −91.1% | −1.67 |
Yearly average | 17.9% | 1.34 | 7% | 0.28 |