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P11-48 (similar to) Question Help Suppose the risk free return a 35% and the market portfolio Mas an expected retum of 10.8% and a voluity

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P11-48 (similar to) Question Help Suppose the risk free return a 35% and the market portfolio Mas an expected retum of 10.8% and a voluity of 16.4%. Marck & Co. (Ticker. MRK) stock het a 18.4% voluity and a correlation with the market of 0.046 to the b. Under the CAPM assumptions, what is its expected retum? What is Merck's beta with respect to the market? Merck's beta with respect to the market oRound to three decimal places)

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