Calculate the average continuous monthly returns for the following dividend adjusted share price and market index.

DateShare Price (Ri)Market Index (Rm)

August-20$2.75 1,285.00

September-20$2.90 1,290.00

October-20$2.95 1,340.00

November-20$3.25 1,360.00

(a)Has this share under or over performed relative to the market?

(b)Suppose the share's beta is 1.5 (b = 1.5) and the annual risk-free rate is 0.03. If you accept that past performance gives you the best guide to future returns, would you invest in this share? Briefly explain your decision.