Question: Problem 7-23 A stock has an expected return of 9% What is its beta? Assume the risk-free rate is 6% and the expected rate of
Problem 7-23 A stock has an expected return of 9% What is its beta? Assume the risk-free rate is 6% and the expected rate of return on the market is 12%. (Negative value should be indicated by a minus sign. Round your answer to 2 decimal places.) Beta
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