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Given the following information, determine the beta coefficient for Stock L that is consistent with equilibrium: r^L=13.5%;rRF=5.5%;rM=9.5%. Round your answer to two decimal places

image text in transcribed Given the following information, determine the beta coefficient for Stock L that is consistent with equilibrium: r^L=13.5%;rRF=5.5%;rM=9.5%. Round your answer to two decimal places

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