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Consider a mutual fund manager whom expects her portfolio to earn a rate of return of 11 percent this year and have a beta of

Consider a mutual fund manager whom expects her portfolio to earn a rate of return of 11 percent this year and have a beta of 0.8. If the rate of return available on risk-free assets is 4 percent and you expect the rate of return on the market portfolio to be 14 percent should you invest in this mutual fund? Yes or no? Why

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