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DVC stock has a required return of 25%. The expected market return is 15% and the risk-free rate is 5%. What is the beta of
DVC stock has a required return of 25%. The expected market return is 15% and the risk-free rate is 5%. What is the beta of the DVC stock?
a) 1
b) 1.5
c) 2
d) 2.5
e) 3
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