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The common stock of Flavorful Teas has an expected return of 13.31 percent. The return on the market is 11 percent and the risk-free rate

The common stock of Flavorful Teas has an expected return of 13.31 percent. The return on the market is 11 percent and the risk-free rate of return is 3.3 percent. What is the beta of this stock?

3.00

1.19

1.30

0.77

0.65

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