Question: On average, when the overall market changes by 12%, the stock of Veracity Communications changes 12%. Calculate the Veracity's beta. (use a decimal number, rounded

 On average, when the overall market changes by 12%, the stock

On average, when the overall market changes by 12%, the stock of Veracity Communications changes 12%. Calculate the Veracity's beta. (use a decimal number, rounded to the nearest 10th. For example, 1.2)

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