A stock has an expected return of 153 percent the risk-free


A stock has an expected return of 15.3 percent, the risk-free rate is 4.7 percent, and the market risk premium is 9.4 percent. What must the beta of this stock be? (Round your answer to 2 decimal places.)

Beta

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Financial Management: A stock has an expected return of 153 percent the risk-free
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