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Please do it by type not pics. 1.A manager believes his firm will earn a return of 17.80 percent next year. His firm has a
Please do it by type not pics.
1.A manager believes his firm will earn a return of 17.80 percent next year. His firm has a beta of 1.54, the expected return on the market is 11.50 percent, and the risk-free rate is 3.50 percent.
Compute the return the firm should earn given its level of risk:
Required return =
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