In Care and Cure Chapter 7, Jacob Stegenga discusses a variety of different biases that plague medical research. Collectively these biases make medical interventions appear more effective than they actually are. However, medical research studies are also designed so as to counteract these sources of bias.  Describe three types of bias in medical research discussed by Stegenga as well as how medical research is designed so as to counteract or mitigate that bias (4 points). In your view, which bias impacts medical research the most and why (1 point)? Do issues related to bias in medical research suggest that people should have less confidence in the effectiveness of medical interventions than they currently do? Why or why not (2 points)?论述题

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For stock A, we have 𝛽 𝑖 = 0.70. Suppose the expected market risk premium next year is 9% and the risk-free rate is 3%. What is the expected return of this stock based on the CAPM? (Please answer in % and round to 2 decimal places. If the answer is 8.057%, then in the box, write 8.06)

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