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The common stock of Flavorful Teas has an expected return of 17.96 percent. The return on the market is 14 percent and the risk-free rate

The common stock of Flavorful Teas has an expected return of 17.96 percent. The return on the market is 14 percent and the risk-free rate of return is 4.1 percent. What is the beta of this stock?

Multiple Choice

  • 3.40

  • 1.40

  • 1.26

  • .71

  • .70

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