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Problem:

Bob's Discount Shoe Source is adding a new line of shoes to the company portfolio and has the following information: the expected market return is 13%, the risk-free rate is 3%, and the expected return on the new project is 11%.

Required:

Question: What is the beta of the project?

Note: Provide support for your underlying principle.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91169917

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