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A stock has an expected return of 15.1 percent, the risk-free rate is 5.95 percent, and the market risk premium is 7.8 percent. What
A stock has an expected return of 15.1 percent, the risk-free rate is 5.95 percent, and the market risk premium is 7.8 percent. What must the beta of this stock be? Note: Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161. Beta Answer is complete but not entirely correct. 1.374 x
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