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Let x = 2. The risk-free rate is 1%. The expected market rate of return is 10%. If you expect stock ABC with a beta
Let x = 2. The risk-free rate is 1%. The expected market rate of return is 10%. If you expect stock ABC with a beta of 0.6 to offer a rate of return of (x+1)%, you should A) buy stock ABC because it...
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Fundamentals of Corporate Finance
Authors: Berk, DeMarzo, Harford
2nd edition
132148234, 978-0132148238
