The CFO of MediSearch ple believes that investing into a project which will develop a now drug for fighting the flu virus, promises a long-term annual return of 13%. The expected return of the market Index is RM - 12.1%, the volatility of the market index in M = 11.8%, and the risk-free asset eams Ry 45%. The CFO has studied similar projects of other companies and believes that the covariance between the returns of this project and the returns of the market is op M = 0.0052 (in decimal form). This question has 3 parts , you will be clicking "Verity 3 times) What is the beta of the project? Enter your answer rounded to two decimal places Number Section Atempt 1 of 1 Verify