Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Pyramid Industries has a volatility of 12%, and expected return of 15% and a correlation with the market portfolio of 0.6. The volatility of the market portfolio is 12%, the expected return on the market is 10% and the risk-free rate is 5%. The beta for Pyramid Industries is closest to:
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