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QUESTION 29 (Show Work for this Quantitative Question Suppose the risk-free return is 4% and the market portfolio has an expected return of 10% and

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QUESTION 29 (Show Work for this Quantitative Question Suppose the risk-free return is 4% and the market portfolio has an expected return of 10% and a volatility of 16%. Johnson and Johnson Corporation (Ticker.JNI) stock has a 60% volatility and a correlation of 0.192 with the market Answer the questions below. (Round to 2 decimal places A. Johnson and Johnson's betais: 8. Under the CAPM assumptions, Johnson and Johnson's required rate of return in %) is: C. If expected return for Johnson and Johnson's stock is 6%, is the stock undervalued or over-valued? D. Explain your answer for Chere

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