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A share has an expected return of 10%, the risk-free rate is 3%, and the market risk premium is 3.5%. If the share is correctly
A share has an expected return of 10%, the risk-free rate is 3%, and the market risk premium is 3.5%. If the share is correctly priced, what must the beta of this share be?
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International financial management
Authors: Jeff Madura
12th edition
1133947832, 978-1305195011, 978-1133947837
