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Ri = ?i +?iRM + eiwhere Ri is the excess return for securityi and RM is the market??s excessreturn. The risk-free rate is 3%. Suppose
Ri = ?i +?iRM + eiwhere Ri is the excess return for securityi and RM is the marketâ??s excessreturn. The risk-free rate is 3%. Suppose also that there are threesecurities A, B, and C, characte 2 answers
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