1. Based on the following regressions analysis output of stock JKL returns on the S&P 500 market index returns:

SUMMARY OUTPUT
Regression Statistics
Multiple R	0.838198
R Square	0.702576
Adjusted R Square	0.698714
Standard Error	0.29533
Observations	79
	Coefficients	Standard Error	t Stat	P-value
Intercept	0.05127	0.03337	1.536395	0.128541
Slope	0.727677	0.053955	13.48666	5.71E-22

Which of the following statements is (are) TRUE?

A. The slope coefficient is statistically insignificant

B. If the market index gains 1%, stock JKL is expected to gain about 73%

C. About 0.698% of the volatility in stock JKL is explained by the market index

D. All of the above

E. None of the above