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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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