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Calculate the equity beta of the company based on the data below. Price Data Time Series Sourced from Yahoo Finance Historical Price Data ASX200 Index
Calculate the equity beta of the company based on the data below.
Price Data Time Series Sourced from Yahoo Finance Historical Price Data ASX200 Index (^AXJO) Rio Tinto (RIO.AX) Date Open High Low Close Adj Close Open High Low Close Adj Close 1/07/2017 5722 5800 5653 5721 5721 63.19 66.48 62.11 65.79 55.05 1/07/2018 6195 6306 6174 6280 6280 83.32 84.17 78.30 81.20 71.40 1/07/2019 6619 6876 6619 6813 6813 104.50 107.94 95.72 98.90 92.16 1/07/2020 5898 6161 5893 5928 5928 98.16 107.64 95.05 102.00 99.88Step by Step Solution
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