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You are currently working at a publicly traded company. The risk-free rate in the economy right now is 0.99%. You believe the market will average

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You are currently working at a publicly traded company. The risk-free rate in the economy right now is 0.99%. You believe the market will average 7.80% per year over the long run. And you would estimate the long-run return to your company as 16.09% per year. What is the beta for your company's stock? (Please enter the percen return without the % sign at the end since Canvas doesn't like that symbol in numerical answers - for instance 20.45 for 20.45%)

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