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2 . Suppose the risk - free rate is 3 percent, the expected return on the market portfolio is 1 3 percent, and its standard

2. Suppose the risk-free rate is 3 percent, the expected return on the market portfolio is 13 percent, and its standard deviation is 23 percent. A German company, Mueller Metals, has a standard deviation of 50 percent and a correlation of 0.65 with the market. Calculate Mueller Metals beta and expected return

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