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The return on an optimal portfolio according to CAPM is estimated to have a standard deviation of 39.69% and the market portfolio is estimated to
The return on an optimal portfolio according to CAPM is estimated to have a standard deviation of 39.69% and the market portfolio is estimated to have a standard deviation of 18.90%. Calculate the beta value of the portfolio, you can assume that CAPM holds. Round your answer to 2 decimal places e.g. if your answer is 3.2516 then answer 3.25.
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