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7. What is the beta of a stock with an expected return of 12.3 percent and a risk-free rate of 2.8 percent. The market risk

7. What is the beta of a stock with an expected return of 12.3 percent and a risk-free rate of 2.8 percent. The market risk premium is 6.2 percent.

Input area:
Stock E(R) 12.30%
Market risk premium 6.20%
Risk-free return 2.80%
Output area:
Stock beta = ?

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