Question: You are provided some data about the market: The expected return of the market portfolio is 11.5%, the market's volatility is 13.7%, and the risk-free
You are provided some data about the market: The expected return of the market portfolio is 11.5%, the market's volatility is 13.7%, and the risk-free rate is 1.5%. If the beta of Johnson & Johnson (JNJ) is 0.74, according to the CAPM, what is the expected return of JNJ?
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