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SS #7) Estimate the beta of the following stock: market risk premium = 26.0 percent, RF = 7.0 percent, P 0 = $11.00, expected dividend

SS #7) Estimate the beta of the following stock: market risk premium = 26.0 percent, RF = 7.0 percent, P0= $11.00, expected dividend at the end of the year = $3.50, P1= $13.50. Assume the market is in equilibrium. (Round intermediate calculations and the final answer to 2 decimal places, e.g. 21.36 or 21.36%.)

Beta =

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