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If the expected rate of return on the market portfolio is 16% and T-bills yield 7%, what must be the beta of a stock that
| If the expected rate of return on the market portfolio is 16% and T-bills yield 7%, what must be the beta of a stock that investors expect to return 15%? (Round your answer to 4 decimal places.) |
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Investment Management
Authors: Stephen Lofthouse
2nd Edition
047149237X, 9780471492375
