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Problem:

The common stock of Flavorful Teas has an expected return of 18.56 percent. The return on the market is 14 percent and the risk-free rate of return is 2.6 percent.

Required:

Question: What is the beta of this stock?

Note: Show supporting computations in good form.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91170153

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