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 = 12.5%;

5. Problem 8.08 (Beta Coefficient) eBook Given the following information, determine the beta coefficient for Stock L that is consistent with equilibrium: IL = 12.5%; rri = 5.5%; r = 13.5%. L Round your answer to two decimal places
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