Question: 4 Jackson was just told that the expected return for Amazon stock was 25%, based on the CAPM. Assuming that the market return and the

 4 Jackson was just told that the expected return for Amazon

4 Jackson was just told that the expected return for Amazon stock was 25%, based on the CAPM. Assuming that the market return and the risk-free rate are 13% and 3%, respectively, what is the beta for Amazon? (round to the nearest 0.1)

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