ANSWER FOR EXCEL INPUTS

(Use cells A6 to B8 from the given information to complete this question.)

iA stock has an expected return of 11.4 percent, the irisk-free rate is 3.9 percent, and the market risk 'premium is 6.8 percent. What must the beta of this :stock be? Input area: Stock E(R) Risk-free return Market risk remium 11.40% 3.90% 6.80% (Use cells A6 to B8 from the given information to complete this question.) Output area: Stock beta