Assume that the market beta of pound exchange rate, Financial Management

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Assume that the market beta of pound exchange rate

Assume that the local stock market beta of a British project is 3.

Assume that the beta of the British stock market with respect to the U.S. stock market is 0.75.

Assume that the market beta of $/£ exchange rate movements is 0. What would you expect the U.S. market beta of this British project to be?

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Financial Management: Assume that the market beta of pound exchange rate

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Financial Management: Assume that the market beta of pound exchange rate

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