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6. Calculating Beta. Following are several months' rates of return for Tumblehome Canoe Company. Prepare a plot like Figure 12.1. What is Tumblehome's beta?

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6. Calculating Beta. Following are several months' rates of return for Tumblehome Canoe Company. Prepare a plot like Figure 12.1. What is Tumblehome's beta? (L012-1) Month Market Return (%) Tumblehome Return (%) 1 +1 2 -1 3 -2.5 4 1 -0.5 269 5 +2 +1 +1 7 +2 +4 8 +2 +2 99 10 -2 -2 -2 b -4

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