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Consider the following data for a single-factor economy. Both portfolios A and F are well diversified and fairly priced: Suppose another portfolio E is also

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Consider the following data for a single-factor economy. Both portfolios A and F are well diversified and fairly priced: Suppose another portfolio E is also well diversified with a beta of 2/3 and expected return of 9%. Would an arbitrage opportunity exist? If so, what would the arbitrage strategy be

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