The following information is provided about a stock market index m and security i:

Statistic Value

Covariance between market return and security return $[$Cov $($Ri$,$Rm$)]0\mathrm{.}01104$

Correlation coefficient between market return and security return $[\backslash$rho i$,$m$]0\mathrm{.}3$

Standard deviation of market return $[\backslash$sigma m$]0\mathrm{.}16$

What is the value of the beta of security i$,\backslash$beta i$,?$