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11. Consider the single factor APT. Portfolio A has a beta of 0.5 and an expected return of 12%. Portfolio B has a beta of 0.
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t8) p34- folio » fxpected, actun bota A 0.5 p8H folio -> has bata Bxpected svetuen 13% -> -> aisk frce rate 0.5F + 5%, 18% =

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