An analyst gathers the following information about the company XYZ: Expected Rate of Return on SP500 index 11.5% Variance of S&P500 returns (5 years) 0.0100 Rate of Return on 10 year T-Note 2.9% Covariance of S&P500 returns with XYZ returns (5 years) 0.0150 Variance of XYZ returns (5 years) 0.2500 Based on this information the analyst estimates the beta of XYZ to be 1.5. O True O False