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A stock has an expected return of 11.4 percent, the risk-free rate is 3.9 percent, and the market risk premium is 6.8 percent. What must

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A stock has an expected return of 11.4 percent, the risk-free rate is 3.9 percent, and the market risk premium is 6.8 percent. What must the beta of this stock be? Input orea: (Use cells A6 to B8 from the given information to complete this question.) Output area: 13 14 15 16 17 18 Students: The scratchpad area is for you to do any additional work you need to solve this question or can be used to show your work. 19 Nothing in this area will be graded, but it will be submitted with your assignment

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