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If the risk-free rate is 4.36%, what is the beta of security D with respect to the market M? Joint Probability 5/20 = .25 5/20
If the risk-free rate is 4.36%, what is the beta of security D with respect to the market M?
Joint Probability
5/20 = .25
5/20 = .25
4/20 = .20
2/20 = .10
4/20 = .20
Return on Security D
8%
10%
11%
15%
19%
Return on Security M
6%
10%
9%
10%
11%
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