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Suppose the stock of Virtu Financial has a negative beta of -0.34.How does the expected return compare to the risk free rate, according to the
Suppose the stock of Virtu Financial has anegativebeta of -0.34.How does the expected return compare to the risk free rate, according to the CAPM?Does this result make sense?
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Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus
11th Edition
1260288390, 978-1260288391
