Business, 21.04.2020 17:15 hfuller6219

You run a regression of a stock’s excess return on the market excess return and obtain the following results: E left square bracket R subscript i vertical line space R subscript M right square bracket space equals space 0.4 plus 0.7 asterisk times R subscript M With an R-square of 0.12. The alpha of the stock is

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You run a regression of a stock’s excess return on the market excess return and obtain the following...

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