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Company A's historical returns for the past three years were 6 percent, 15 percent, and 15 percent. Similarly, the market portfolio's returns were 10 percent,
Company A's historical returns for the past three years were 6 percent, 15 percent, and 15 percent. Similarly, the market portfolio's returns were 10 percent, 10 percent, and 16 percent. Calculate the beta for Stock A.
A. 1.75
B. 1.00
C. 0.57
D. 0.75
Please solve how to do it by hand/financial calculator. AND NOT EXCEL.
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