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Security a Has a Beta of 1

question 2

Essay

Security A has a beta of 1.0 and an expected return of 12%.Security B has a beta of 0.75 and an expected return of 11%.The risk-free rate is 6%.Explain the arbitrage opportunity that exists; explain how an investor can take advantage of it.Give specific details about how to form the portfolio,what to buy and what to sell.


Definitions:

Neurotic

Relating to, constituting, or suffering from a mental condition that involves excessive anxiety, moodiness, worry, or obsessive behaviors without psychosis.

Agreeable

A personality trait characterized by being friendly, cooperative, and easy to get along with.

Conscientious

Characterized by the desire to do one’s work or duty well and thoroughly.

Remarried Fathers

Fathers who have entered into a subsequent marriage after a divorce or the death of their spouse, facing unique family dynamic challenges.

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