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9. The estimated alpha () and beta () of a rival fund, Fund DEF, are 2.3 and 3.1, respectively. If the expected market risk premium
9. The estimated alpha () and beta () of a rival fund, Fund DEF, are 2.3 and 3.1, respectively. If the expected market risk premium is 12%, what would we expect the excess return of Fund DEF to be? (a...
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Intermediate accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
7th edition
978-0077647094
