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The current market risk premium is 7%, and the risk-free rate is 3%. You've estimated that Comcast has a beta of 0.88. What is Comcast's

The current market risk premium is 7%, and the risk-free rate is 3%. You've estimated that Comcast has a beta of 0.88. What is Comcast's expected return? Suppose investors fear a recession and are becoming more risk averse.

What is the most likely impact on the securities market line (SML)? A. The slope of the SML increases B. The slope of the SML decreases C. The SML shifts up D. The SML shifts down E. No impact on the SML

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