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Discuss the use of alpha and beta (CAPM) in securities analysis; and which estimate is more important for the investor? (15 marks) What is business
- Discuss the use of alpha and beta (CAPM) in securities analysis; and which estimate is more important for the investor? (15 marks)
- What is business cycle? Determine the stage of business cycle for the current global economy and suggest which type of stock(s) to invest. (10 marks)
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