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Problem:

The covariance between MassWay Corporation's common stock returns and the return on the market portfolio is 0.03. The standard deviation of the market is 0.16.

Required:

Question: What is the beta of MassWay Corporation's common stock?

Note: Show supporting computations in good form.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91173017

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