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Below is a regression output for IBM using the past five years of MONTHLY data using the CAPM model. Additionally, during the NEXT year, the

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Below is a regression output for IBM using the past five years of MONTHLY data using the CAPM model. Additionally, during the NEXT year, the return on the market portfolio will be 18% and the risk free rate will be 24. The actual return for IBM next year will be 10%. CAPM Intercept 0.35 MKT-RF 0.75 IBM's expected return next year is

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