Question: Saved Help Save Consider the single-index model. The alpha of a stock is 2.00%. The return on the market index is 12.00%. The risk-free rate

 Saved Help Save Consider the single-index model. The alpha of a

Saved Help Save Consider the single-index model. The alpha of a stock is 2.00%. The return on the market index is 12.00%. The risk-free rate of return is 650%. The stock earns a return that exceeds the risk-free rate by 5.50%, and there are no firm-specific events affecting the stock performance What is the beta of the stock? (Round your answer to 2 decimal places.) Beta

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