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6 . Assume the risk - free rate on long - term Treasury bonds is 6 . 0 4 % . Assume also that the

6. Assume the risk-free rate on long-term Treasury bonds is 6.04%. Assume also that the average annual return on the Winslow 5000 is 11% as the expected return on the market. Use the SML equation (i.e., CAPM) to calculate the two companies' required returns

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