Question $17(4$ points$)$

If the risk$-$free rate is $7\mathrm{.}0\%,$ the market risk premium is $14\mathrm{.}0\%,$ and the expected return on Security J is $49\mathrm{.}1\%,$ what is the beta for Security J$?$

$4\mathrm{.}31$

$6\mathrm{.}02$

$7\mathrm{.}34$

$2\mathrm{.}69$

$3\mathrm{.}01$