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Assume the risk-free rate is 1% and the average investor has a risk-aversion coefficient of A = 3. We also know the standard deviation of

Assume the risk-free rate is 1% and the average investor has a risk-aversion coefficient of A = 3. We also know the standard deviation of the market portfolio and stock JBH is 15% and 20% respectively.The JBH has a beta of 0.8. According to the CAPM, the equilibrium value of the market risk premium is _________, the expected return on the market is _________, and the expected rate of return on JBH is _________. If the historical return of JBH is 9%, the alpha of JBH is _________.

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