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In the world of CAPM, suppose the average investors are risk averse with a risk aversion parameter of 3.25. How much market risk premium should

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In the world of CAPM, suppose the average investors are risk averse with a risk aversion parameter of 3.25. How much market risk premium should be awarded to them in order to induce them to hold shares? Assume the risk free rate is 0.34%. The standard deviation of the market portfolio is 23.45%. -0.1852 0.1452 0.1787 0.0968 0.1368 0.1821 0.3340 0.3374

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