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Suppose that CAPM holds, the risk-free rate is 2% and the expected return on the market portfolio is 12%. What is the beta of a

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Suppose that CAPM holds, the risk-free rate is 2% and the expected return on the market portfolio is 12%. What is the beta of a stock that has an expected return of 29%? a NB: If necessary, round your answer to 3 decimal places.)

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