What is the difference between the expected rate of return and the required rate of return? What

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What is the difference between the expected rate of return and the required rate of return? What does it mean if they are different for a particular asset at a particular point in time?

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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