Given the following information, determine the beta coefficient for Stock L that is consistent with equilibrium: = 11.5%; r_RF = 5.5%; r_M = 12.5%. Round your answer to two decimal places.

Problem 8.08 (Beta Coefficient) Question 6 of 20 Check My Work (3 remaining) eBook Given the following information, determine the beta coefficient for Stock L that is consistent with equilibrium: L = 11.5%; PRE = 5.5%; rm = 12.5%. Round your answer to two decimal places. Check My Work (3 remaining) 0= Icon Key