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If the risk-free rate is 7 percent, the expected return on the market is 12 percent, and the expected return on Security X is 15
- If the risk-free rate is 7 percent, the expected return on the market is 12 percent, and the expected return on Security X is 15 percent, what is the beta of Security X?
| a. | 1.0 |
| b. | 1.2 |
| c. | 1.6 |
| d. | 2.0 |
| e. | 2.5
|
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Investments Analysis and Management
Authors: Charles P. Jones
12th edition
978-1118475904, 1118475909, 1118363299, 978-1118363294
