24. The Chapter Resources section of MyFinanceLab has data on Microsoft and the S&P 500 from 1986...

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24. The Chapter Resources section of MyFinanceLab has data on Microsoft and the S&P 500 from 1986 to 2006.

a. Estimate Microsoft's beta using linear regression over the periods 1987-1991, 1992-1996, 1997-2001, and 2002-2006.

b. Compare the four estimated betas. What do you conclude about how Microsoft's exposure to systematic risk changed over that 20-year period? What do you think explains the change? Putting It All Together: The Capital Asset Pricing Model

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Fundamentals Of Corporate Finance

ISBN: 9781292018409

3rd Global Edition

Authors: Berk, Peter DeMarzo, Jarrad Harford

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Question Posted: Oct 21, 2024 11:00 AM

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24. The Chapter Resources section of MyFinanceLab has data on Microsoft and the S&P 500 from 1986...

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Fundamentals Of Corporate Finance

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