Polly Khan is trying to calculate Builtrite's beta given the following information: The current market...
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Accounting
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 5%. If investors have been requiring a 11% annual return on Builtrites stock, what is the stock's beta?
Group of answer choices
2.0
2.5
2.7
2.9
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