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The risk-free interest is 2.1 percent and the overall stock market earns return of 6.5 percent higher than the risk-free interest rate at the moment.

The risk-free interest is 2.1 percent and the overall stock market earns return of 6.5 percent higher than the risk-free interest rate at the moment. If the cost of equity of Griffith Ltd. is 5.5 percent, what is the beta of the company if we apply the notion of the capital asset pricing theory?

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