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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 14.1%, the
Beta of a project. Magellan is adding a project to the company portfolio and has the following information: the expected market return is 14.1%, the risk-free rate is 2.7%, and the expected return on the new project is 14.6%.
What is the project's beta?
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