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Assume that security returns are generated by the single-indexmodel,Ri = ?i +?iRM + eiwhere Ri is the excess return for securityi and RM is the
Assume that security returns are generated by the single-indexmodel,Ri = ?i +?iRM + eiwhere Ri is the excess return for securityi and RM is the marketâ??s excessreturn. The risk-free rate is 2 answers
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