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The Beta of Gold relative to the market portfolio is -0.3. The return in the market is 11 percent while the market risk premium is
The Beta of Gold relative to the market portfolio is -0.3. The return in the market is 11 percent while the market risk premium is 4 percent. b). Give an intuitive explanation for the magnitude of the expected return on gold (in other words why is Gold a good or bad investment for High Net Worth clients)
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