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I need a value for Km, in running the CAPM on an investment to determine risks.?


I know that I can use the average rate of return of the S&P or the Dow ... any idea what the current annual rate of return on either of these is? Thanks!

You want to get your answer from one of Ibbotson Associates' publications, either their Cost of Capital Yearbook or their SBBI Valuation Yearbook. Any good business school library will have them in the reference section.

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