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Koda's Manufacturing has a required return of 9.50%. If the market return is 13.0% and the nominal risk-free rate is 6.0%, what is Koda's beta?
a. 0.5%
b. 8.3%
c. 7.2%
d. 2.2%
Instructions: Please select the correct answer. You need to EXPLAIN your answer and/or SHOW any applicable calculations to receive credit.
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