QUESTION $11$

CRC stock has a required return of $18\%.$ The expected market return is $12\mathrm{.}0\%$ and the risk$-$free rate is $5\%.$ What is the beta of the CRC stock?

A$.$

$2\mathrm{.}6000$

B$.$

$2\mathrm{.}3636$

C$.$

$2\mathrm{.}1667$

D$.$

$2\mathrm{.}0000$

E$.$

$1\mathrm{.}8571$

F$.$

$1\mathrm{.}7333$

G$.$

$1\mathrm{.}6250$

H$.$

$1\mathrm{.}5294$