What must be the beta of a portfolio with E(rP) = 20%, if rf = 5% and

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What must be the beta of a portfolio with E(rP) = 20%, if rf = 5% and E(rM) = 15%?
Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...
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Related Book For  answer-question

Essentials of Investments

ISBN: 978-0078034695

9th edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus

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