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show work. thumbs up Suppose the market portfolio goes up by 30% the value of the Excelsior stock goes up by 45%. If the market

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Suppose the market portfolio goes up by 30% the value of the Excelsior stock goes up by 45%. If the market falls by 20%, Excelsior falls by 30%. If the risk free rate is 3% and the return on the market portfolio is 9%, what is Excelsior's expected return? 7% O 12% O 16.5% O 9% None of these other answers are correct

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