Question: BETA COEFFICIENT Given the following information, determine the beta coefficient for stock L that is consistent with equilibrium: r ^ L = 8.5%; rRF =

 BETA COEFFICIENT Given the following information, determine the beta coefficient for

BETA COEFFICIENT Given the following information, determine the beta coefficient for stock L that is consistent with equilibrium: r ^ L = 8.5%; rRF = 5.1%; rM = 13%. Round your answer to two decimal places

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