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K.J. Lee, CFA, an analyst with Water's Edge Securities, estimates the market risk premium is 6.30% and the risk-free rate is 1.15%. She's calculated the
K.J. Lee, CFA, an analyst with Water's Edge Securities, estimates the market risk premium is 6.30% and the risk-free rate is 1.15%. She's calculated the beta for Summerfield Tech as 0.68, and she estimates the expected return is:
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Personal Financial Planning
Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley
12th Edition
1439044473, 978-1439044476
