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3. Find three publicly traded stocks in different industries and look up current (Spring 2024) estimates of . (a) Using Rf=5%, E(Rm) = 12%,

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3. Find three publicly traded stocks in different industries and look up current (Spring 2024) estimates of . (a) Using Rf=5%, E(Rm) = 12%, calculate the E(r) for each stock. (b) Explain in words a non-finance student could understand why the stocks have different expected returns.

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