How do you explain the fact that rates of return required by investors may be identical for

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How do you explain the fact that rates of return required by investors may be identical for two groups of totally different activities (oil and IT services, for example) as long as they have the same β?

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Corporate Finance Theory And Practice

ISBN: 9781119841623

6th Edition

Authors: Pascal Quiry, Yann Le Fur, Pierre Vernimmen

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