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Given the treasury bill is expected to provide a 3% return and the market index will provide a 12% return. A firm with a beta
Given the treasury bill is expected to provide a 3% return and the market index will provide a 12% return. A firm with a beta of 1.5 has an expected return of 15%. Is this firm overpriced or underpriced
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Financial Markets And Institutions
Authors: Jeff Madura
6th Edition
0324162618, 978-0324162615
