80% 7:36 + Question 5/10 1 point Kurt, an accountant at Mercury Industries, is reviewing his company's financials. He has gathered the following information: The company's Assets total $20 million. The company has debt of $12 million. This debt is in the form of corporate bonds that yield 5% for bond holders. Shareholders in this company expect a return of 8%, and the company intends to live up to this expectation. The corporate tax rate is 30%. Government bonds currently yield 3% to their holders. They are considered risk-free. The expected return on the market is 7%. All yields are quoted as effective annual rates. Using this information, What is the implied beta for Mercury Industries under the CAPM? NEXT A 0