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3. A stock has a CAPM beta of 0.8 and due to some research you have carried out you believe its future return will be

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3. A stock has a CAPM beta of 0.8 and due to some research you have carried out you believe its future return will be 14%. If the risk-fee rate is 1% and the expected return on the market is 15%, do you expect this stock to earn any abnormal return? What would your investment strategy be

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