Determine the beta of QTax based on the following information:

Market expected return is 7.3 percent; standard deviation is 2.3 percent

Risk-free rate is 3 percent

Current dividend is $3.8

Dividend growth rate is 4.3 percent

Current stock price is $24.3

(Round intermediate calculations and final answer to 4 decimal places, e.g. 0.3612.)

Beta

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