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Suppose Sunlife Financial has a beta of 1.32, whereas the beta of Scotia Bank is 0.58. If the risk-free rate is 3%, and the market

Suppose Sunlife Financial has a beta of 1.32, whereas the beta of Scotia Bank is 0.58. If the risk-free rate is 3%, and the market premium is 6%, what is the expected return of an equally weighted portfolio of Sunlife Financial and Soctia Bank, according to the CAPM?

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