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Business, 21.12.2019 01:31 pennygillbert

We do bankruptcies is a law firm that specializes in providing advice to firms in financial distress. it prospers in recessions when other firms are struggling. consequently, its beta is negative, −0.2. a. if the interest rate on treasury bills is 6% and the expected return on the market portfolio is 16%, what is the expected return on the shares of the law firm according to the capm?

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