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A stock has an expected return of 15.8 percent, the risk-free rate is 3.6 percent, and the market risk premium is 9.9 percent. What must

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A stock has an expected return of 15.8 percent, the risk-free rate is 3.6 percent, and the market risk premium is 9.9 percent. What must the beta of this stock be? (Do not round intermediate calculations. Round your answer to 2 decimal places.) & Answer is complete but not entirely correct. Beta 1.27 X

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