=+8 The risk-free rate of return is 7 per cent and the annual premium received on shares
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=+8 The risk-free rate of return is 7 per cent and the annual premium received on shares over Treasury bills has been 5 per cent. A firm is considering the following invest-
ments (the CAPM applies):
Project Beta Expected return (%)
1 0.6 10 11 2 0.9 20 3 1.3 21 4
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Related Book For 
Corporate Financial Management And How To Write Essays And Assignments
ISBN: 978-1405882897
Coursepack Edition
Authors: Glen Arnold
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