Question: Beta of a project. Magellan is adding a project to the company portfolio and has the following information: the expected market return is 11.6%, the
Beta of a project. Magellan is adding a project to the company portfolio and has the following information: the expected market return is 11.6%, the risk-free rate is 6.2%, and the expected return on the new project is 16.8%. What is the project's beta? What is the project's beta? (Round to three decimal places) 2022- Scre 2022-0
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