Question: Security Apple has an expected return of 12.4% with a standard deviation of 15%, and a correlation with the market of 0.85. Security Banana has

Security Apple has an expected return of 12.4% with a standard deviation of 15%, and a correlation with the market of 0.85. Security Banana has an expected return of 0.73% with a standard deviation of 20%, and a correlation with the market of 0.67. The standard deviation of rM is 12%. What is the beta coefficients of Apple?

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