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ACI wishes to determine the required return on asset A, which has a beta of 1.5. The risk-free rate of return is 9%; the return
ACI wishes to determine the required return on asset A, which has a beta of 1.5. The risk-free rate of return is 9%; the return on the market portfolio of assets is 4%.
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
13th Edition
1260772381, 978-1260772388
