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You are considering an investment in Tar Heel Championship, LLC. You know the risk free rate is 2.0%, the expected return on the market portfolio

You are considering an investment in Tar Heel Championship, LLC. You know the risk free rate is 2.0%, the expected return on the market portfolio is 9.2%, and the standard deviation of the market portfolio is 22.09%. You also know that Tar Heel Championship, LLC has a standard deviation of 45.3% but it has a covariance of zero with the market portfolio. What is the CAPM beta of stock Tar Heel Championship, LLC?

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