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Question 27 (3 points) The equilibrium price of a stock is $50 and the equilibrium expected return on the stock is 7 percent. If the
Question 27 (3 points) The equilibrium price of a stock is $50 and the equilibrium expected return on the stock is 7 percent. If the risk-free rate is 4 percent and expected return on the market is 8 percent, what is the beta for the stock? Enter your answer in the box shown below as a number with 2 digits to the right of the decimal point. Your
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