Question: Under the CAPM. the relationship between the expected return on a stock ) and the risk-free rate when the correlation (of returns) between stock ()
Under the CAPM. the relationship between the expected return on a stock ) and the risk-free rate when the correlation (of returns) between stock () and the market portfolio is less than 0. is Expected return on stock (1) -risk-free rate Expected return on stock > risk-free rate Expected return on stock ()
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