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The market risk premium for an investment is 8.98 percent, while the risk-free rate is 4.4 percent. The expected return on an investment in a

The market risk premium for an investment is 8.98 percent, while the risk-free rate is 4.4 percent. The expected return on an investment in a stock is 13.24 percent. What is the beta for this stock?

A. i=1.03

B. i= .98

C.i=1.09

D. There are no correct answer mentioned.

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