Question: Problem 8-8 Beta coefficient Given the following information, determine the beta coefficient for Stock L that is consistent with equilibrium:= 14.5%; rRF= 4.65%; rM= 10%.

Problem 8-8 Beta coefficient

Given the following information, determine the beta coefficient for Stock L that is consistent with equilibrium:= 14.5%; rRF= 4.65%; rM= 10%. Round your answer to two decimal places.

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