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2) The following historical rate of return information is provided for Funky Software Co. and the stock market: Year Funky Market 2008 12 15 2009

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2) The following historical rate of return information is provided for Funky Software Co. and the stock market: Year Funky Market 2008 12 15 2009 9 13 2010 -11 2011 8 -9 2012 11 12 2013 4 9 What is Funky's beta and the equation for Funky's Characteristic Line? 14 14

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