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A mutual fund manager has a $ 8 0 million portfolio with a beta of 2 . 0 . The risk - free rate is
A mutual fund manager has a $ million portfolio with a beta of The riskfree rate is and the market risk premium is The manager expects to receive an additional $ million, which she plans to invest in a number of stocks. After investing the additional funds, she wants the fund's required return to be What should be the average beta of the new stocks added to the portfolio?
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