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Given are the following two stocks A and B: Stock A has an expected return of 13.2% and a beta of 1.21; Stock B has
Given are the following two stocks A and B: Stock A has an expected return of 13.2% and a beta of 1.21; Stock B has an expected return of 13.95% and a beta of 1.17. If the expected market rate of return is 12%, and the risk-free rate is 3%, which security would be considered the better buy, and why
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