Conde Nash Inc.,is adding a new magazine project to the company portfolio and has the following information: the expected market return is 10%,the risk-free rate is 2%,and the expected return on the new project is 24%.What is the beta of the project?
A)1.00
B)3.50
C)2.00
D)2.75

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The Answer of Conde Nash Inc.,is adding a new magazine project to the company portfolio and has the following information: the expected market return is 10%,the risk-free rate is 2%,and the expected return on the new project is 24%.What is the beta of the project?
A)1.00
B)3.50
C)2.00
D)2.75