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( b ) If we regress the average excess returns ( returns minus the risk - free rate ) of a large collection of stocks

$($ b $)$ If we regress the average excess returns $($ returns minus the risk $-$ free rate $)$ of a large collection of stocks on the stock betas, what values should the the slope and intercept of this regression take according to the CAPM?

$3$

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( b ) If we regress the average excess returns ( returns minus the risk - free rate ) of a large collection of stocks

(b) If we regress the average excess returns (returns minus the risk-free rate) of a large collection of stocks on the stock betas, what values should the the slope and intercept of this regression take according to the CAPM? 3

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$($ b $)$ If we regress the average excess returns $($ returns minus the risk $-$ free rate $)$ of a large collection of stocks on the stock betas, what values should the the slope and intercept of this regression take according to the CAPM?

$3$