Question: 8. Problem 8.08 Click here to read the eBook: The Relationship Between Risk and Rates of Return BETA COEFFICIENT Given the following information, determine the

 8. Problem 8.08 Click here to read the eBook: The Relationship

8. Problem 8.08 Click here to read the eBook: The Relationship Between Risk and Rates of Return BETA COEFFICIENT Given the following information, determine the beta coefficient for Stock L that is consistent with equilibrium: L = 9.5%; rri = 4.65%; rm = 12%. Round your answer to two decimal places

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