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Suppose therisk-free return is 7.8%and the market portfolio has an expected return of 11.3%and a standard deviation of 16%. Johnson& Johnson Corporation stock has a
Suppose therisk-free return is 7.8%and the market portfolio has an expected return of 11.3%and a standard deviation of 16%. Johnson& Johnson Corporation stock has a beta of 0.29. What is its expectedreturn?
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Financial Modeling
Authors: Simon Benninga
4th Edition
0262027283, 9780262027281
