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Suppose the risk-free return is 2.9% and the market portfolio has an expected return of 8.1% and a voatility of 14.8%. Merck & Co. (Ticker:
Suppose the risk-free return is 2.9% and the market portfolio has an expected return of 8.1% and a voatility of 14.8%. Merck \& Co. (Ticker: MRK) stock has a 18.3% olatility and a correlation with the market of 0.044 . What is Merck's beta with respect to the market? . Under the CAPM assumptions, what is its expected return
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