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You may attempt this question 2 more times for credit. 'ou're now on Question 5 ated the returns on shares of Drucker Corporation and the

image text in transcribed You may attempt this question 2 more times for credit. 'ou're now on Question 5 ated the returns on shares of Drucker Corporation and the overall market portfolio under forecasted to be: 16% in recession, +10% in moderate growth, and +35% in a boom. Estimates for the market as a whole in the same economic states are 11% in recession, +8% in moderate growth, and +22% in boom. The analyst considers each state to be equally likely. Using these data, compute the beta of Drucker Corporation's stock. Place your answer as a number with at least three decimal places

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