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Beta of a project Magellan is adding a project to the company portfolio and has the following information the expected market return is 14 0%,

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Beta of a project Magellan is adding a project to the company portfolio and has the following information the expected market return is 14 0%, the risk free rate is 3.0%, and the expected return on the new project is 180% What is the project's beta? What is the project's beta? (Round to three decimal places)

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