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Did? apple managers exceed their? investors

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Question - At the beginning of? 2014, Apple's beta was 1.1 and the? risk-free rate was about 3.8%.? Apple's price was $81.96. ?Apple's price at the end of 2014 was $199.93. If you estimate the market risk premium to have been 6.7%?, did? Apple's managers exceed their? investors' required return as given by the? CAPM?

Reference no: EM133080276

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