Question: Question 5 (1 point) Stock ZZZ has an expected return of 16%. The market risk premium is 9% and the risk-free rate is 3%. Assume

 Question 5 (1 point) Stock ZZZ has an expected return of

Question 5 (1 point) Stock ZZZ has an expected return of 16%. The market risk premium is 9% and the risk-free rate is 3%. Assume the Capital Asset Pricing Model (CAPM) holds. What is stock ZZZ's beta? Round all intermediate calculations to 6 decimal points. Your final answer should be within 0.02 of the correct answer choice. 1.78 0.69 1.00 1.44

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