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Suppose the risk free rate is 3.79% and the expected rate of return to the market is 12.24%. If the stock xyz's has a rate

Suppose the risk free rate is 3.79% and the expected rate of return to the market is 12.24%. If the stock xyz's has a rate of return 8.87% , what is stock xyz's beta? Answer to the nearest hundredth as in xx.xx.

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