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The market risk premium is 10.0 percent, and the risk-free rate is 3.0 percent. If...

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The market risk premium is 10.0 percent, and the risk-free rate is 3.0 percent. If the expected return on a bond is 11.5 percent, what is its beta? (Round answer to 2 decimal places, e.g. 15.25.) Beta of the bond

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