According to the CAPM, would the expected rate of return on a security with a beta less

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According to the CAPM, would the expected rate of return on a security with a beta less than zero be more or less than the risk-free interest rate? Why would investors invest in such a security?

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Fundamentals of Corporate Finance

ISBN: 978-1259722615

9th edition

Authors: Richard Brealey, Stewart Myers, Alan Marcus

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Question Posted: Jun 24, 2017 08:58 AM

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According to the CAPM, would the expected rate of return on a security with a beta less

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Fundamentals of Corporate Finance

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