Question: A risky asset with high expected returns (=19.00), high variability (=9.00), and beta equal to 3.30 has caught your eye. As a safer option, a
A risky asset with high expected returns (=19.00), high variability (=9.00), and beta equal to 3.30 has caught your eye. As a safer option, a risk-free asset is available with expected returns of =6.00. What is the risk-adjustment factor necessary to invest in the risky asset? (Round to two decimals, if necessary.)
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