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A stock has an expected return of 12%. What is its beta? Assume the risk-free rate is 5% and the expected rate of return on

A stock has an expected return of 12%. What is its beta? Assume the risk-free rate is 5% and the expected rate of return on the market is 15%. (Negative value should be indicated by a minus sign. Round your answer to 2 decimal places.)

Beta _________

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