Question: Please show steps to solve this problem Damien knows that the beta of his portfolio is equal to 1, but he does not know the

Please show steps to solve this problem

Please show steps to solve this problem Damien knows that the beta

Damien knows that the beta of his portfolio is equal to 1, but he does not know the risk-free rate of return or the market risk premium. He also knows that the expected return on the market is 8 percent. What is the expected return on Damien's portfolio? Expected return %

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