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Suppose the risk free rate is 2.3% and the expected rate of return to the market is 8.3%. If the stock xyz's has a rate

Suppose the risk free rate is 2.3% and the expected rate of return to the market is 8.3%.

If the stock xyz's has a rate of return 13% , what is stock xyz's beta?

Answer to the nearest hundredth as in xx.xx.

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