Question: Problem 8-8 Beta coefficient Given the following information, determine the beta coefficient for Stock L that is consistent with equilibrium: = 10.75%; rRF = 3.9%;

Problem 8-8 Beta coefficient

Given the following information, determine the beta coefficient for Stock L that is consistent with equilibrium: = 10.75%; rRF = 3.9%; rM = 8%. Round your answer to two decimal places.

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