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The average annual return for Bram Corporation is 21%, with a standard deviation of 12.0%. The average annual return of the market portfolio is 12.5%,

The average annual return for Bram Corporation is 21%, with a standard deviation of 12.0%. The average annual return of the market portfolio is 12.5%, with a standard deviation of 4%. The covariance of the returns is 28.8%%. What is Bram's Market Beta?

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