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Using CAPM; Ceton Co . stock provides a 1 0 . 6 % return to investors. If Treasury bills return 1 % and the stock

Using CAPM;
Ceton Co. stock provides a 10.6% return to investors. If Treasury bills return 1% and the stock market is earning 9%, what is the beta of Ceton's stock?
CAPM; r=B(rm-rf)+rf
1.20
.98
1.45
1.51
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