Below are the returns for the past seven years for common stock for the Nucor Corporation and for the overall stock market, rM:

Year. Nucor Stock Market, rM

2012 8.9% -10.0%

2013 -14.7% 2.5%

2014 16.5% 5.2%

2015 21.3% 11.6%

2016 17.4% 7.3%

2017 9.2%. 3.0%

2018 29.1% 12.7%

What is the estimated beta of the Nucor stock? Hint: You can use either a calculator or Excel to answer this question. Group of answer choices

+1.79

+0.95

+0.68

+1.33