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Business, 07.11.2019 07:31 serenityparish

The royal seattle investment club has $100,000 to invest in the equity market. frasier advocates investing the funds in ksea radio with a beta of 1.6 and an expected return of 16.8%. niles advocates investing the funds in northwest medical with a beta of 1.1 and an expected return of 14.7%. the club is split 50/50 on the two stocks. you are the deciding vote, and you cannot pick a split of $50,000 for each stock. before you vote, you look up the current risk-free rate (the one-year u. s. treasury bill with a yield of 4.00%). which stock do you select?

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