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A stock has an expected return of 11 per cent, its beta is 0.95, and the risk-free rate is 6 per cent. What must the
A stock has an expected return of 11 per cent, its beta is 0.95, and the risk-free rate is 6 per cent. What must the expected return on the market be?
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Corporate Finance Principles And Practice
Authors: Denzil Watson, Antony Head
9th Edition
1292450940, 978-1292450940
