A security analyst has regressed the monthly returns on Exxon Mobil equity shares over the past five years against those on the Standard & Poors 500 stock index over the same period. The resulting regression equation is r_EM = 0.04 + 0.76r_SP. Use this equation and any other information you deem appropriate to estimate Exxon Mobils equity beta.

Estimated Exxon Mobile's equity beta _____________________