Question: Beta of a project. Vespucci is adding a project to the compary portfolio and has the folfowing information: the expectod markot retum is 13.2%, the

Beta of a project. Vespucci is adding a project to the compary portfolio and has the folfowing information: the expectod markot retum is 13.2%, the risk-free rate is 6.4 the, and the expected retum on the new project is 13.9%. What is the projects beta? What is the projecis beta? (Round to three decimal places)

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