23. CAPM and Expected Return. If the expected rate of return on the market portfolio is 13%...
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23. CAPM and Expected Return. If the expected rate of return on the market portfolio is 13% and T-bills yield 6%, what must be the beta of a stock that investors expect to return 10%? (LO2)
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780073382302
6th Edition
Authors: Richard A Brealey, Stewart C Myers, Alan J Marcus
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