Question: Given the following information, determine the beta coefficient for Stock L that is consistent with equilibrium: r^L=15.5%; rRF = 4.5%;rm=9.5%. Round your answer to two

Given the following information, determine the beta coefficient for Stock L that is consistent with equilibrium: r^L=15.5%; rRF = 4.5%;rm=9.5%. Round your answer to two decimal places
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