Question: NoWay Corp is considering a new strategy that would increase its expected return from 12% to 15.0%, but would also increase its beta from 1.2

NoWay Corp is considering a new strategy that would increase its expected return from 12% to 15.0%, but would also increase its beta from 1.2 to 2.2. If the risk free rate is 4% and the return on the market is expected to be 10%, should NoWay change its strategy? , Why?

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