=1. Calculate the return on the LVMH share and on the French index over 13 months until April 2017. To help you, you have a record of the share price and of the general index (CAC40). What is the total risk of the LVMH share? What is the β coefficient of LVMH? What portion of the total risk of the LVMH share is explained by market risk?

Period Apr 16 May 16 Jun 16 Jul 16 Aug 16 Sep 16 Oct 16 Nov 16 Dec 16 Jan 17 Feb 17 Mar 17 Apr 17 LVMH 64.51 62.53 57.99 61.69 55.39 56.42 63.41 66.33 62.28 63.45 64.23 62.51 61.32 CAC40 5046 5008 4790 5083 4653 4455 4898 4958 4637 4417 4354 4385 4322