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PLEASE SHOW ALL WORK! The common stock of Jensen Shipping has an expected return of 14.7 percent. The return on the market is 10.8 percent

PLEASE SHOW ALL WORK!

The common stock of Jensen Shipping has an expected return of 14.7 percent. The return on the market is 10.8 percent and the risk-free rate of return is 3.8 percent. What is the beta of this stock?

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