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Minsins Candies is a private business with no debt. Measuring the median unlevered CAPM Beta of similar public companies yields a value of .9. If

Minsins Candies is a private business with no debt. Measuring the median unlevered CAPM Beta of similar public companies yields a value of .9. If the correlation between these similar company stocks and the market has an approx., value of 60%, what is an appropriate total CAPM Beta for Minsins based on this data?

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