Question: If an asset's expected return is less than its required return, rational investors will buy the asset, since price is expected to increase buy the
If an asset's expected return is less than its required return, rational investors will
buy the asset, since price is expected to increase
buy the asset, which will drive the price up and cause expected return to reach
the level of the required return
sell the asset, which will drive the price up and cause the expected return to
reach the level of the required return
sell the asset, which will drive the price down and cause the expected return to
reach the level of the required return
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