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The market currently yields a return of 15% whereas Treasury bills yield 5%. Shares of Assess Grid Co. have a covariance of 7.5 with the
The market currently yields a return of 15% whereas Treasury bills yield 5%. Shares of Assess Grid Co. have a covariance of 7.5 with the market whereas the market has a variance of 4.5. What is the required rate of return for Assess Grid Co.'s shares?
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