CAPM and Expected Return. If the expected rate of return on the market portfolio is 14 percent

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CAPM and Expected Return. If the expected rate of return on the market portfolio is 14 percent and T-bills yield 6 percent, what must be the beta of a stock that investors expect to return 10 percent?

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Study Guide To Accompany Fundamentals Of Corporate Finance

ISBN: 9780073012421

5th Edition

Authors: Richard Brealey, Stewart Myers, Alan Marcus

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