(Solution Download) A stock has an expected return of 11 percent, the risk-free rate is 6.05 percent, and the market...

A stock has an expected return of 11 percent, the risk-free rate is 6.05 percent, and the market risk premium is 5 percent. The beta of this stock must be . (Round your answer to 2 decimal places. (e.g., 32.16))