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Given the following information, determine the beta coefficient for Stock L that is consistent with equilibrium:= 8.5%; rRF= 5.7%; rM= 11.5%. Round your answer to

Given the following information, determine the beta coefficient for Stock L that is consistent with equilibrium:= 8.5%; rRF= 5.7%; rM= 11.5%. Round your answer to two decimal places.

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