The market risk premium is 865 percent and the risk-free


The market risk premium is 8.65 percent, and the risk-free rate is 4.16 percent. If the expected return on a bond is 9.15 percent, what is its beta? (Round answer to 2 decimal places, e.g. 15.25.)

Beta of the bond

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Financial Management: The market risk premium is 865 percent and the risk-free
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