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A stock has an expected return of 12.8 percent, the risk-free rate is 7.5 percent, and the market risk premium is 10 percent. What must

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A stock has an expected return of 12.8 percent, the risk-free rate is 7.5 percent, and the market risk premium is 10 percent. What must the beta of this stock be? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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