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Calculate the beta of [DKNG]. Use daily returns for the year [2018] and the daily returns of SPY for that year for the market returns.

Calculate the beta of [DKNG]. Use daily returns for the year [2018] and the daily returns of SPY for that year for the market returns. Using the beta calculated above, what is the expected return of [DKNG] if the aggregate level of risk aversion is 4 and the standard deviation of market returns is 0.18?

The risk free rate is 1%.

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