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A stock has a standard deviation of 20 percent and a covariance with the market of 0.023. The market has a standard deviation of 14.0

A stock has a standard deviation of 20 percent and a covariance with the market of 0.023. The market has a standard deviation of 14.0 percent. What is the beta of this stock? Do not round earlier steps, and calculate your answer to 2 decimal places.

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