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A fund's risk appetite wants to be 90% certain it will not lose more than 20% in any one year. Based on the following variables,
A fund's risk appetite wants to be 90% certain it will not lose more than 20% in any one year. Based on the following variables, calculate the beta the fund should have.
R=0.25,RF =0.03,RM =0.082,M =0.15,andp=0.9
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Finance Applications And Theory
Authors: Marcia Cornett, Troy Adair, John Nofsinger
1st Edition
0073382256, 9780073382258
