The correlation between the Charlottesville International Fund and a broad index of world stocks is 1.0. The
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The correlation between the Charlottesville International Fund and a broad index of world stocks is 1.0. The expected return on the world market index is 11%, the expected return on Charlottesville International Fund is 9%, and the risk-free rate is 3%. Based on this analysis, what is the implied beta of Charlottesville International? P-968
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Related Book For
ISE Investments
ISBN: 9781266085963
13th International Edition
Authors: Zvi Bodie, Alex Kane, Alan Marcus
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