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Hello, can I please get a step by step solution using excel? Thank you. A stock has an expected return of 13.4 percent, the risk-free

Hello, can I please get a step by step solution using excel? Thank you. image text in transcribed

A stock has an expected return of 13.4 percent, the risk-free rate is 9 percent, and the market risk premium is 10 percent. What must the beta of this stock be? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Beta of stock Beta of stock

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