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Problem 12-1 Stock Betas (LO3, CFA2) A stock has an expected return of 16.1 percent, the risk-free rate is 3.7 percent, and the market risk
Problem 12-1 Stock Betas (LO3, CFA2) A stock has an expected return of 16.1 percent, the risk-free rate is 3.7 percent, and the market risk premium is 10.2 percent. What must the beta of this stock be? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Beta
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