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3-4: The Capital Market Line and the Security Market Line Problem Walk-Through Problem 3-1 Beta The standard deviation of stock returns for Stock A is

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3-4: The Capital Market Line and the Security Market Line Problem Walk-Through Problem 3-1 Beta The standard deviation of stock returns for Stock A is 42%. The standard deviation of the market return is 18%. If the correlation between Stock A and the market is 0.40, then what is Stock A's beta? Round your answer to two decimal places

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