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Based on the capital asset pricing model, expected returns are based on which of the following? L. market risk premium II. portfolio standard deviation III.

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Based on the capital asset pricing model, expected returns are based on which of the following? L. market risk premium II. portfolio standard deviation III. beta N. risk-free rate 1. ili, i11, and IV I and II none of the above land ili 1. ili, and IV II and

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