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If the capital asset pricing model is valid, is the following possible or impossible? The risk free rate is 7%. Portfolio Expected Return Beta A
If the capital asset pricing model is valid, is the following possible or impossible? The risk free rate is 7%.
Portfolio Expected Return Beta
A 15.0% 1.0
B 23.0% 2.0
C 3.0% -0.5
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Inside And Outside Liquidity
Authors: Bengt Holmstroem, Jean Tirole
1st Edition
0262518538, 9780262518536
