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  3. a stock has an expected return of 2.51%. assume th

A stock has an expected return of 2.51%. Assume the risk-free rate is 8.51% and...

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Finance

A stock has an expected return of 2.51%. Assume the risk-free rate is 8.51% and the expected rate of return on the market is 23.51%.

Required:
What is its beta? (Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places.)

Beta

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