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What is the beta of this stock

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Question - The common stock of Flavorful Teas has an expected return of 13.92 percent. The return on the market is 12 percent and the risk-free rate of return is 2.4 percent. What is the beta of this stock?

0.83

1.08

0.60

4.80

1.20

Reference no: EM131996595

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