Fair Financial Group is planning to make an equity investment in PayPal Inc. You estimate that the long-run return on this company is 19.31% per year. The expected return of the market is 8.6% and the return on a risk free asset equals 1.53%. Using the CAPM, estimate the amount of systematic risk in the stock of this firm (Hint: Beta). Enter your answer in the box below and round to two decimals. 2.51 margin of error +/0.1