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An equity portfolio has a beta of 1 . 0 . Over a 9 month period, the return on the market is 1 4 %

An equity portfolio has a beta of 1.0. Over a 9 month period, the return on the market is 14%(this includes both dividends and capital gains/losses). If the riskfree rate is 5% per annum, calculate the return on the equity portfolio over this period.

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