Multiple Choice
The common stock of Jensen Shipping has an expected return of 16.3 percent. The return on the market is 10.8 percent and the risk-free rate of return is 3.8 percent. What is the beta of this stock?
A) .92
B) 1.23
C) 1.33
D) 1.67
E) 1.79
Correct Answer:

Verified
Correct Answer:
Verified
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