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Your estimate of the market risk premium is 7%. The risk-free rate of return is 3%, and General Motors has a beta of 1.2. According
Your estimate of the market risk premium is 7%. The risk-free rate of return is 3%, and General Motors has a beta of 1.2. According to the Capital Asset Pricing Model (CAPM), what is its expected return?
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Introductory Econometrics For Finance
Authors: Chris Brooks
3rd Edition
1107661455, 9781107661455
