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You observe E[rIBM] = 8%, E[rAAPL] = 12%, AAPL = IBM + 2 , rf = 4%. What is E[rM] (the expected return on market
You observe E[rIBM] = 8%, E[rAAPL] = 12%, AAPL = IBM + 2 , rf = 4%. What is E[rM] (the expected return on market portfolio) assuming the CAPM is true?
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Financial Statement Analysis
Authors: Martin S. Fridson, Fernando Alvarez
5th Edition
1119457149, 978-1119457145
