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The average annual return of Bram Corporation is 21%, with a standard deviation of 12.0%.The average annual return of the market portfolio is 12.5%, with
The average annual return of 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 Brams market beta?
A) 1.8
B) 0.6
C) 1.7
D) 0.1
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