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The return on the market portfolio is expected to be 15% next year, Apple Inc. has a beta of 1.4, and the risk free rate

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The return on the market portfolio is expected to be 15% next year, Apple Inc. has a beta of 1.4, and the risk free rate is 4%. Suppose you conduct your own security analysis, and find that the expected return for Apple Inc. next year should be 17%. Based on the alpha of Apple Inc., you computed before, you would Take no position at Apple Short sell Apple shares Buy Apple shares No answer text provided

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