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Polly Khan is considering the purchase of Builtrite stock. She sees that currently investors require a 16% annual return from the stock. The current risk-free

Polly Khan is considering the purchase of Builtrite stock. She sees that currently investors require a 16% annual return from the stock. The current risk-free rate is 4% and the overall market return is 10%. What is the beta associated with Builtrite?

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