8. Using the following data and table: a) Compute the excess returns for the S&P 500 and TUV Company. b) Use regression analysis to plot the excess return of TUV against that of the S&P 500. Compute the line equation and the R value. c) Does TUV have excess performance over the S&P 500? Year 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 TUV Company and S&P 500 S&P TUV return return -3.1% 30.47% 7.62% 10.08% 1.32% 37.58% 22.96% 33.36% 28.58% 21.04% 1-year -6.30% 18.40% 12.90% 8.30% 3.43% 22.40% 33.02% 27.05% 34.76% 31.78% 5.0596 24.09% 5.08% 7.8996 5.86%

Using the following data and table: a) Compute the excess returns for the S\&P 500 and TUV Company. b) Use regression analysis to plot the excess return of TUV against that of the S\&P 500 . Compute the line equation and the R2 value. c) Does TUV have excess performance over the S\&P 500