Light Limited (LL) Has Assumed Its Shareholders Need a 10

Multiple Choice

Light Limited (LL) has assumed its shareholders need a 10% required rate of return. The market return is 15% for next year. Meanwhile, long term government bonds can be purchased with a yield to maturity of 5%. what is the implied beta for LL?

A) 0.33
B) 0.50
C) 1.00
D) 1.50
E) 3.00