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Suppose you have two investment opportunities: Stock X has a beta of 1.12, and Stock Y has a beta of 1.53. If the risk-free rate

Suppose you have two investment opportunities: Stock X has a beta of 1.12, and Stock Y has a beta of 1.53. If the risk-free rate is 3.3% and the market risk premium is 9.6%, then which stock is the better investment?

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