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You are considering an investment in Badger Championship, LLC. You know the risk free rate is 1.1%, the expected return on the market portfolio is

You are considering an investment in Badger Championship, LLC. You know the risk free rate is 1.1%, the expected return on the market portfolio is 7.8%, and the standard deviation of the market portfolio is 23.3%. You also know that Badger Championship, LLC has a standard deviation of 27.4% but it has a covariance of zero with the market portfolio. What is the CAPM beta of stock Badger Championship, LLC?

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