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Joel Foster is the portfolio manager of a $3 million hedge fund that contains $1.5 million stock A and $1.5 million stock B. The beta
Joel Foster is the portfolio manager of a $3 million hedge fund that contains $1.5 million stock A and $1.5 million stock B. The beta is 1.1 for stock A and and 0.75 for stock B. The market return is 11% and the risk-free rate is 5%. What rate of return should investors expect on this fund? a. 21.65% b. 10.55% O c. 21.65% O d. 15.18%
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