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The common stock of Peeta Inc. has an expected return of 15.0%, the risk-free rate is 3.20%, and the market risk premium is 8.10% percent.
The common stock of Peeta Inc. has an expected return of 15.0%, the risk-free rate is 3.20%, and the market risk premium is 8.10% percent. What is the beta of Peeta's common stock?
0.94
1.08
1.31
1.46
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