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6. We have the APT model: R=0.05+0.08*b1+0.04*2+0.03*b3. The proper valuation of an instrument on this market is 14.7% What should be its b3 if b1=0.8
6. We have the APT model: R=0.05+0.08*b1+0.04*2+0.03*b3. The proper valuation of an instrument on this market is 14.7% What should be its b3 if b1=0.8 and b2=1.2? . -0.7 . b. 0.5 . c. 0.7. d. -0.5
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Public Finance
Authors: Harvey Rosen, Ted Gayer
10th edition
9781259716874, 78021685, 1259716872, 978-0078021688
