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You are considering investing in Apple. AAPL has a beta of 0.7, the expected return on the market is 11%, and the expected return for

You are considering investing in Apple. AAPL has a beta of 0.7, the expected return on the market is 11%, and the expected return for APL is 9.2%.

a) What is the risk free rate and market risk premium?

b) Determine the beta of a new tech company if it has an expected return of 18%.

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