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Since the calculated data is in % we need to divide by 100 and multiply by 12 because we are finding annualizing the data:


   

Since the calculated data is in % we need to divide by 100 and multiply by 12 because we are finding annualizing the data: Expected return using CAPM: E(RIAG) 0.356133963 E(RMOG) 0.377599269 New Expected return using CAPM: E(RIAG) E(RMQG) Period 0.042736076 0.045311912 12

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