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The Common Stock of Chai Tea Inc Has an Expected

Question 119

Multiple Choice

The common stock of Chai Tea Inc has an expected return of 14.4%. The return on the market is 10% and the risk-free rate of return is 3.5%. What is the beta of this stock?


A) .65
B) 1.09
C) 1.32
D) 1.44
E) 1.68

Correct Answer:

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