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In the following single-factor economy, we calculate the following risk exposures and expected returns for the following well diversified portfolios: If there are no arbitrage

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In the following single-factor economy, we calculate the following risk exposures and expected returns for the following well diversified portfolios: If there are no arbitrage opportunities, what must be the risk-free rate? Please choose the answer that is closest to the correct answer. 7.25% Not enough information 5.46% 4.53% 2.55%

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