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johns investment had a return of 7.5% in the previous year, whereas the market had a 9% return. The standard deviation of the investment and

  1. johns investment had a return of 7.5% in the previous year, whereas the market had a 9% return. The standard deviation of the

investment and the market 11% and 8%, respectively. With a correlation coefficient of 0.65 between the investment and the market, what is the beta of johns investment?

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