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A stock has a correlation with the market of 0.55. The standard deviation of the market is 21%, and the standard deviation of the stock

A stock has a correlation with the market of 0.55. The standard deviation of the market is 21%, and the standard deviation of the stock is 29%. What is the stock's beta?

A) 0.76

B) 1.32

C) 0.40

D) 0.24

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