Question
What is the beta of a portfolio if the expected return on the portfolio is E(R P ) = 15 %, the risk-free rate is
What is the beta of a portfolio if the expected return on the portfolio is E(RP) = 15 %, the risk-free rate is f = 6 %, and the expected return on the market is E(RM) = 12 %? Make the usual CAPM assumptions including that the portfolio alpha is zero
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Public Finance
Authors: Harvey S Rosen
7th Edition
0072876484, 978-0072876482
