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a. Estimate Beta using a simple regression. Regression analysis can be done in excel: the Yvariable is the column range for the stock returns and
a. Estimate Beta using a simple regression. Regression analysis can be done in excel: the Yvariable is the column range for the stock returns and X-variable is the column range for the market returns (S&P 500). Beta is the coefficient of the X-variable.
b. Compare the value obtained with the value of Beta for Facebook reported in Yahoo Finance. Discuss the meaning of this number.
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