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3) a. A mutual fund with beta of 8 has an expected rate of return of 14%. If risk free rate 5%, and you expect

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3) a. A mutual fund with beta of 8 has an expected rate of return of 14%. If risk free rate 5%, and you expect the rate of return on the market portfolio to be 15%, should you invest in this und? b. What passive portfolio comprised of a market-index portfolio and a money market account would have the same beta as the fund

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