Question: 14. value: 5.26 points Problem 13-14 Using CAPM [LO4] A stock has an expected return of 14 percent, the risk-free rate is 6 percent, and

14. value: 5.26 points Problem 13-14 Using CAPM [LO4] A stock

14. value: 5.26 points Problem 13-14 Using CAPM [LO4] A stock has an expected return of 14 percent, the risk-free rate is 6 percent, and the market risk premium is 10 percent. What must the beta of this stock be? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) Beta of stock Hints References eBook & Resources Hint #1

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