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In practice, to estimate an asset's alpha and beta, the following linear regression is usually estimated: rjrft=aj+j(rmtrft)j a. Interpret the intercept aj. b. Interpret the

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In practice, to estimate an asset's alpha and beta, the following linear regression is usually estimated: rjrft=aj+j(rmtrft)j a. Interpret the intercept aj. b. Interpret the slope j. c. What is happening in the asset relative to the market if the aj is postive? d. What is happening in the asset relative to the market if the j is negative

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