Vespucci is adding a project to the company portfolio and has the following information, the expected market

Question:

Vespucci is adding a project to the company and has the following information, the expected market return is 12%, the risk-free rate is 5%, and the on the new project is 10%. What is the beta of the project?
Expected Return
The expected return is the profit or loss an investor anticipates on an investment that has known or anticipated rates of return (RoR). It is calculated by multiplying potential outcomes by the chances of them occurring and then totaling these... Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...