Question
The reward-to-risk is 8.7 percent and the risk-free rate is 4.7 percent. What is the expected return on a risky asset if the beta of
The reward-to-risk is 8.7 percent and the risk-free rate is 4.7 percent. What is the expected return on a risky asset if the beta of that asset is 1.28?
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Financial Decisions And Markets A Course In Asset Pricing
Authors: John Y. Campbell
1st Edition
0691160805, 978-0691160801
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