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Lordstown Motors common stock has an E(R) = 13.92%. What is Lordstowns beta if Rm = 12% and the return on T-bills is 2.4%? Multiple

Lordstown Motors common stock has an E(R) = 13.92%. What is Lordstowns beta if Rm = 12% and the return on T-bills is 2.4%?

Multiple Choice

  • 1.20

  • .83

  • .60

  • 1.08

  • 4.80

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