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Suppose the random return of an asset is given by r= a + brmte where b=0.8, rm is the return of the market and the

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Suppose the random return of an asset is given by r= a + brmte where b=0.8, rm is the return of the market and the error e has expectation 0. The risk free rate is 3%. Under CAPM, what is a? (Nearest 0.0001)

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