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Q16. Using CAPM. A stock has an expected return of 12.5 percent and a beta of 1.40, and the expected return on the market is
Q16. Using CAPM. A stock has an expected return of 12.5 percent and a beta of 1.40, and the expected return on the market is 10.9 percent. What must the risk-free rate be
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Financial Institutions And Markets
Authors: Jeff Madura
10th International Edition
0538482176, 9780538482172
