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Congratulations! You have been hired as a financial consultant to help Labriola, Inc. estimate its market beta. Labriola estimates that their project will return -20%
Congratulations! You have been hired as a financial consultant to help Labriola, Inc. estimate its market beta. Labriola estimates that their project will return -20% if the market returns -10%, and +5% if the stock market returns +10%. What would you use as the market beta estimate for the project?
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