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Which of the following should have the highest expected risk premium under the CAPM framework? A) A stock with a beta of 1.96 B) A
Which of the following should have the highest expected risk premium under the CAPM framework?
A) A stock with a beta of 1.96
B) A portfolio of stocks with a portfolio beta of 1.25
C) A six month T-Bill
D) An S&P 500 ETF
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