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6.8.0 You are given the following information concerning a stock and the market: Returns(%) Year Market Stock 2011 17 29 2012 - 16 32 2013
6.8.0
You are given the following information concerning a stock and the market: Returns(%) Year Market Stock 2011 17 29 2012 - 16 32 2013 17 8 2014 -15 -26 2015 37 16 2016 15 27 (a) What is the correlation between the stock and the market. (b) What is the stock's beta? Round your answers to 2 decimal places Step by Step Solution
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