Assume you are going to apply the CAPM over a 1-year time horizon. What is the slope of the SML?

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Historical returns (1926-2014)

Large Common Stock 12.1%

U.S. T-Bills 3.5%

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15.6%
	8.6%
	12.1%
	3.5%

ABC corporation has a bond issue with 5 years to maturity, a coupon rate of 8% paid annually and the yield to maturity is 10%. What is the duration of the ABC bond?