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A stock has an expected return of 9.7 percent, the risk-free rate is 2.67 percent, and the market risk premium is 4.86 percent. What must

A stock has an expected return of 9.7 percent, the risk-free rate is 2.67 percent, and the market risk premium is 4.86 percent. What must the beta of this stock be? Answer to two decimals.

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