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The common stock of CTI has an expected return of 14.48 percent. The return on the market is 7.3 percent, and the risk-free rate of

The common stock of CTI has an expected return of 14.48 percent. The return on the market is 7.3 percent, and the risk-free rate of return is 2.2 percent. What is the beta of this stock? (Please keep two decimal places.)

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