You've invested in a portfolio of these 'car-driving companies that strangely seem popular. Your portfolio is currently
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You've invested in a portfolio of these 'car-driving companies that strangely seem popular. Your portfolio is currently
You've invested in a portfolio of these 'car-driving companies that strangely seem popular. Your portfolio is currently worth $476,000.00, has a portfolio risk of 4.6%, and a beta of 1.41. You know that the risk free rate is 0.17% and that most investors anticipate that the market will grow by 11.0% over the next year. Assuming that the capital asset pricing model is accurate, what should a rational investor expect this portfolio be worth in one year? (answer in dollars, rounded to the nearest penny, for example, if your answer is $123.456 you should enter 123.46) Type your answer...
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