Question
Consider an asset with expected return 0.04 and suppose that the return on the market portfolio is 0.06. Assuming that the SML holds for the
Consider an asset with expected return 0.04 and suppose that the return on the market portfolio is 0.06. Assuming that the SML holds for the asset and that the risk-free return is 0.004, find the value of beta for the asset.
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International Financial Management
Authors: Cheol Eun, Bruce Resnick
4th Edition
0072996862, 9780072996869
