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You are considering an investment in Elite Bank Corp. The firm has a beta of 5.0. Currently, U.S. Treasury bills are yielding 2.75% and the
You are considering an investment in Elite Bank Corp. The firm has a beta of 5.0. Currently, U.S. Treasury bills are yielding 2.75% and the expected return for the S & P 500 is 14%. What rate of return should you expect for your investment in Elite Bank?
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