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The stock Cartman Inc. has an expected return of 10% and volatility of 20% in a country where the risk-free rate is 3% and the

The stock Cartman Inc. has an expected return of 10% and volatility of 20% in a country where the risk-free rate is 3% and the expected return of the market portfolio is 8%. The standard deviation of the market portfolio is 10%. You assume that the expected return of this security is in line with the CAPM. Determine the securitys Beta. Note: Answers should be expressed in years rounded to the nearest hundredth (0.01) - for example, if your answer is 1.23456, please enter 1.23 in the answer box below. Intermediate results should not be rounded to less than 6 decimal places unless instructed otherwise

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