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QUESTION 8 Which rate is the most appropriate estimate for the risk-free rate in the CAPM model? The interest rate on a Treasury bill. The

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QUESTION 8 Which rate is the most appropriate estimate for the risk-free rate in the CAPM model? The interest rate on a Treasury bill. The interest rate on a 10-year Treasury bond. The interest rate on a high quality corporate bond with semi-annual coupons and a maturity of 30 years. The interest rate on a tax-exempt municipal bond. None of the above

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