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Assume that the risk-free rate of interest is 6% and the expected rate of return on the market is 12%. A stock has an expected

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Assume that the risk-free rate of interest is 6% and the expected rate of return on the market is 12%. A stock has an expected rate of return of 7%. What is its beta? (Negative value should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.) Beta

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