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Peter, Paul, & Mary, Inc.'s has an expected return of 13.2 percent and a beta of 1.08. The expected return on the narket is 12.4
Peter, Paul, \& Mary, Inc.'s has an expected return of 13.2 percent and a beta of 1.08. The expected return on the narket is 12.4 percent. What is the risk-free rate? Use E(Ri)=Rf+i(E(RM)Rf)
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