Question: 9. Beta of a project Magellan is adding a project to the company portfolio and has the following information: the expected market return is 13.1

 9. Beta of a project Magellan is adding a project to

9. Beta of a project Magellan is adding a project to the company portfolio and has the following information: the expected market return is 13.1 % , the risk-free rate is 3.5%, and the expected return on the new project is 13.3%. What is the project's beta? What is the project's beta? oje proj (Round to three decimal places.)

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