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Suppose the risk-free return is 7.9% and the market portfolio has an expected return of 9.9% and a standard deviation of 16%. Johnson & Johnson
Suppose the risk-free return is 7.9% and the market portfolio has an expected return of 9.9% and a standard deviation of 16%. Johnson & Johnson Corporation stock has a beta of 0.73.
What is its expected return?
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Financial Markets And Institutions
Authors: Jeff Madura
9th Edition
1439038848, 978-1439038840
