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The required equity return for Panera is 10.8%. If the risk-free rate is 1.9% and the market risk premium is 6.5%, what is Panera's beta?

The required equity return for Panera is 10.8%. If the risk-free rate is 1.9% and the market risk premium is 6.5%, what is Panera's beta? Round your answer to four decimal places

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