Question: In the CAPM framework, what does the market portfolio consist of? 12) When estimating the CAPM with real-world data, what index is used to

In the CAPM framework, what does the market portfolio consist of? 12)

In the CAPM framework, what does the market portfolio consist of? 12) When estimating the CAPM with real-world data, what index is used to approximate the market portfolio? 13) What is the beta of a risk-free asset? 14) What is the beta of the market portfolio? 15) Suppose that the risk-free rate is 3%, and the market risk premium is 10%. What is the expected return to the market portfolio in the CAPM framework?

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