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Assume that the rate on Treasury bills (the risk free rate) is 3 percent. The expected return for the market is 11 percent. According to
Assume that the rate on Treasury bills (the risk free rate) is 3 percent. The expected return for the market is 11 percent. According to Capital Asset Pricing Model (CAPM), what is the required rate of return on an investment with a beta of 1.5?
| 11% |
| 12.5% |
| 15% |
| 18% |
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