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:

Verified
Correct Answer:
Verified
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