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Nagla'ahas invested her money inWidget Inc.'s commonstock. She believes that thestock's expected return is 14.2 percent. What is the stock's beta given thatthe risk-free rate

Nagla'ahas invested her money inWidget Inc.'s commonstock. She believes that thestock's expected return is 14.2 percent. What is the stock's beta given thatthe risk-free rate is 6.5 percentand the market risk premium is 7.7 percent?(Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)

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