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Let's assume that the risk - free rate of return ( Rrf ) is 6 . 5 % . The market return ( Rm )

Let's assume that the risk-free rate of return (Rrf) is 6.5%. The market return (Rm) is expected to be 10.8%. It is based on the CAPM. If the stock's return is assumed to be 12%, what is its beta?

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