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An analyst has model the stock of Crisp Trucking using a two-factor APT model. The risk-free rate is 6%, the expected return on the first
An analyst has model the stock of Crisp Trucking using a two-factor APT model. The risk-free rate is 6%, the expected return on the first factor (r1) is 12%, and the expected return on the second factor (r2) is 8%. If b, 1=0.7 and d, 2 = 0.9 what is Crisp required return
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