Question: 5. Problem 8.08 (Beta Coefficient) eBook Given the following information, determine the beta coefficient for Stock L that is consistent with equilibrium: IL = 13.5%;

 5. Problem 8.08 (Beta Coefficient) eBook Given the following information, determine

5. Problem 8.08 (Beta Coefficient) eBook Given the following information, determine the beta coefficient for Stock L that is consistent with equilibrium: IL = 13.5%; rrc = 3.5%; rm = 13.5%. Round your answer to two decimal places

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