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(CONFRIM OR REJECT WITH STEPS PLEASE) . WILL THUMBS UP BEEN WORKING ON THIS FOR A WHILE MIGHT BE OVERTHINKING IT. Assume that the risk-free

(CONFRIM OR REJECT WITH STEPS PLEASE) . WILL THUMBS UP BEEN WORKING ON THIS FOR A WHILE MIGHT BE OVERTHINKING IT.

Assume that the risk-free rate of interest is 3% and the expected rate of return on the market is 14%. A stock has an expected rate of return of 4%. What is its beta?

Beta = -.09

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