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What must be the Beta of the stock JKL based on the following information: RM = 13% Var (RM) = 0.0064 R(JKL) = 15% Var

What must be the Beta of the stock JKL based on the following information: RM = 13% Var (RM) = 0.0064 R(JKL) = 15% Var (JKL) = 0.0081 Cov (JKL, M) = 0.00764 Rf = 1.5%

A. 0.84

B. 0.94

C. 1.19

D. 1.27

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