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Suppose the MiniCD Corporation's common stock has a return of 12%.Assume the risk-free rate is 4%, the expected market return is 9%, and no unsystematic influence affected Mini's return.The beta for MiniCD is:
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The systematic process of recording, measuring, and communicating financial information about economic entities.
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A formal communication or announcement, often legal in nature, which informs parties about certain actions or conditions.
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An agreement is a mutual understanding or contract between parties outlining terms and conditions for a specific action or inaction.
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Having legal responsibility or obligation, typically requiring payment for damages or to remedy a breach of contract.
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