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The covariance between Eb Corporation's common stock returns and the return on the market portfolio is 0.018. The standard deviation of the market is 0.4.
The covariance between Eb Corporation's common stock returns and the return on the market portfolio is 0.018. The standard deviation of the market is 0.4. What is the beta of Eb Corporation's common stock? Place your answer as a decimal using at least four decimal places of accuracy. For example, an answer of point six six six six six seven should be entered as .6667
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