The Treasury bill rate is 4%, and the expected return on the market portfolio is 12%. Use CAPM. If the market expects a return of 11.2% from a stock, what is its beta, calculated to 1 decimal place (X.X)

Question 8 0.15 pts The Treasury bill rate is 4%, and the expected return on the market portfolio is 12%. Use CAPM. If the market expects a return of 11.2% from a stock, what is its beta, calculated to 1 decimal place (X.X)