A stock has an expected return of 13.24 percent, the risk-free rate is 4.4 percent, and the market risk premium is 8.98 percent. What is the stock's beta?
A) 1.03
B) .98
C) 1.09
D) 1.11
E) 1.06

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The Answer of A stock has an expected return of 13.24 percent, the risk-free rate is 4.4 percent, and the market risk premium is 8.98 percent. What is the stock's beta?
A) 1.03
B) .98
C) 1.09
D) 1.11
E) 1.06

A Stock Has an Expected Return of 13