Expected return-what must the beta of this stock

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A stock has an expected return of 14.2 percent, the risk-free rate is 5.5 percent, and the market risk premium is 6.9 percent.

What must the beta of this stock be? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.)

Reference no: EM131320631

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