Question: Beta Coefficient Given the following information, determine the Beta coefficient for Stock L, with equilibrium: rL= 8.5%; rRf=6%; rM= 11%. Round your answer to two

Beta Coefficient

Given the following information, determine the Beta coefficient for Stock L, with equilibrium: rL= 8.5%; rRf=6%; rM= 11%. Round your answer to two decimal places.

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