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You are given the following partial covariance and correlation tables from historical data: Also, you have estimated that the market's standard deviation is 4.3 percent.

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You are given the following partial covariance and correlation tables from historical data: Also, you have estimated that the market's standard deviation is 4.3 percent. For the coming year, the expected return on the market is 14.0 percent and the risk-free rate is expected to be 4.0 percent. Given this information, determine the beta for Security J for the coming year, assuming CAPM is the correct model for required returns. \begin{tabular}{|} 0.90 \\ \hline 1.24 \\ 1.11 \\ \hline 1.17 \\ 1.03 \\ \hline \end{tabular}

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