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Polly Khan is trying to calculate Builtrite's beta given the following information: The current market...

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Accounting

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Polly Khan is trying to calculate Builtrite's beta given the following information: The current market rate of interest is 8%. The current risk-free rate is 4%. If investor's have been requiring a 11% annual return on Builtrite's stock, what is the stock's beta? O 1.50 1.75 2.15 2.40

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