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The market risk premium is 1 0 . 0 percent, and the risk - free rate is 4 . 0 percent. If the expected return

The market risk premium is 10.0 percent, and the risk-free rate is 4.0 percent. If the expected return on a bond is 10.5 percent, what is its beta? (Round answer to 2 decimal places, e.g.15.25.)
Beta of the bond
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