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10. The recent history of stock prices is shown below for Dark Happiness Inc. (DHI). DHI's stock has a correlation with the market of

10. The recent history of stock prices is shown below for Dark Happiness Inc. (DHI). DHI's stock has a correlation with the market of 0.77. The variance of the market's returns is 0.0225. Calculate the beta of DHI's stock. Year 2013 2014 2015 2016 2017 Price at 12/31 ($) 62.13 77.24 62.41 74.53 86.03

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