Problem $8\mathrm{.}08($Beta Coefficient$)$

Given the following information, determine the beta coefficjent for Stock $L$ that is consistent with equilibrium: hat$(r{)}_L=14\mathrm{.}5\%$;$r_{RF}=1\mathrm{.}5\%$;$r_M=12\mathrm{.}5\%.$ Round your answer to two decimal places.

$$

Continue without saving