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A stock has a beta of 0.8 and an expected return of 9.8 percent. A risk-free asset currently earns 4.1 percent. If a portfolio of
A stock has a beta of 0.8 and an expected return of 9.8 percent. A risk-free asset currently earns 4.1 percent. If a portfolio of the two assets has an expected return of 13 percent, what is its beta? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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