Question $1$

Fair Financial Group is planning to invest in PayPal Inc. The required return on this stock is $13\mathrm{.}56\%.$ The

expected return of the market is $8\mathrm{.}1\%$ and the risk$-$free rate equals $1\mathrm{.}81\%.$ Using the CAPM, estimate the

amount of systematic risk in this firm $($Hint: Beta$).$ Round your answer to two decimals.