Question: 23. According to CAPM, what is the expected return on asset A if it has a beta of 2.1, the expected market rate of return
23. According to CAPM, what is the expected return on asset A if it has a beta of 2.1, the expected market rate of return is 8%, and the risk-free rate is 3%? A) B) 10.5% 11.5% C) D) 12.5% 13.5%
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