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According to CAPM , a stock has an expected return of 12% , the risk-free rate is 3%, and the expected return on the market

According to CAPM , a stock has an expected return of 12% , the risk-free rate is 3%, and the expected return on the market is 11%. What is the stock's beta? (Round answers to two decimals , for example, 5.43 only)

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