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Nagla'a has invested her money in Widget Inc.'s common stock. She believes that the stock's expected return is 12 percent. What is the stock's beta

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Nagla'a has invested her money in Widget Inc.'s common stock. She believes that the stock's expected return is 12 percent. What is the stock's beta given that the risk-free rate is 3.5 percent and the market risk premium is 5 percent? (Do not round Intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)

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