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Suppose the risk-free return is 2.1% and the market portfolio has an expected return of 11.1% and a volatility of 15.1% Merck & Co. (Ticker:

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Suppose the risk-free return is 2.1% and the market portfolio has an expected return of 11.1% and a volatility of 15.1% Merck \& Co. (Ticker: MRK) stock has a 17.3% volatility and a correlation with the market of 0.055. a. What is Merck's beta with respect to the market? b. Under the CAPM assumptions, what is its expected return

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