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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ISE Investments

ISBN: 9781266085963

13th International Edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus

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