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The risk-free rate is 3.5%, and the expected return on the market is 10%. A publicly -traded bond promises a rate of return of 11%;

The risk-free rate is 3.5%, and the expected return on the market is 10%. A publicly -traded bond promises a rate of return of 11%; the expected return on this bond is 8%. What is the bonds implied beta?

0.692

1.154

1.250

0.623

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