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Beta of a project. Vespucci is adding a project to the company portfolio and has the following information: the expected market return is 1 6

Beta of a project. Vespucci is adding a project to the company portfolio and has the following information: the expected market return is 16.6%, the risk-free rate is 4.6%, and the
expected return on the new project is 15.4%. What is the project's beta. Round to three decimal places please.
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