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A stock has a required return of 11%, the risk-free rate is 3%, and the market risk premium is 5%. What is the stocks beta?
A stock has a required return of 11%, the risk-free rate is 3%, and the market risk premium is 5%.
What is the stocks beta? Please round answer to four decimal places.
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Financial Markets And Institutions
Authors: Jeff Madura
6th Edition
0324162618, 978-0324162615
