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A stock has an expected return of 15.5%, the risk-free rate is 6.15%, and the market risk premium is 7.8%. What must the beta of

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A stock has an expected return of 15.5%, the risk-free rate is 6.15%, and the market risk premium is 7.8%. What must the beta of this stock be? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.)

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