The market risk premium is 9.18 percent, and the risk-free rate is 4.18 percent. If the expected
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Question:
The market risk premium is 9.18 percent, and the risk-free rate is 4.18 percent. If the expected return on a bond is 10.18percent, what is its beta?(Round answer to 2 decimal places, e.g. 15.25.)
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