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Assume a risk-free rate of 5%. You believe that there is a 70% chance that the market return next year will be 20% and a
Assume a risk-free rate of 5%. You believe that there is a 70% chance that the market return next year will be 20% and a 30% chance that the market return will be negative 10%. If a stock expected return is 10%, what is its beta? 0.83 0.91 1.00 1.67
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