Question
Suppose that there is an upward shift in the expected rate of return on the risky asset, from 15% to 17%. If all other parameters
Suppose that there is an upward shift in the expected rate of return on the risky asset, from 15% to 17%. If all other parameters remain unchanged, what will be the slope of the CAL for y 1 and y> 1?
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Personal Financial Planning
Authors: Lawrence J. Gitman, Michael D. Joehnk
11th Edition
0324422865, 978-0324422863
