Consider these historical annual returns for the MDY, mid-cap ETF and DHI, a mid-cap homebuilding company. Date Return MDY DHI 12/31/10 6.120% -2.040% 12/31/11 26.300% 23.040% 12/31/12 12/31/13 12/31/14 12/31/15 9.810% 16.848% 7.864% 14.830% -2.430% 3.944% 2.670% -7.136% 12/31/16 -38.250% 12/31/17 12/31/18 32.650% -32.600% 13.000% 12.500% 26.120% 6.540% Avg 5.449% Stdev 20.490% 18.007% Assume that MDY represents the market of mid-cap stocks and you are a mid-cap-stock-only investor Which is closest to DHI's beta? A) (0.50) D) 0.85 C) 1.00 B) 0.00 E) 0.75 Consider these historical annual returns for the MDY, mid-cap ETF and DHI, a mid-cap homebuilding company. Date Return MDY DHI 12/31/10 6.120% -2.040% 12/31/11 26.300% 23.040% 12/31/12 12/31/13 12/31/14 12/31/15 9.810% 16.848% 7.864% 14.830% -2.430% 3.944% 2.670% -7.136% 12/31/16 -38.250% 12/31/17 12/31/18 32.650% -32.600% 13.000% 12.500% 26.120% 6.540% Avg 5.449% Stdev 20.490% 18.007% Assume that MDY represents the market of mid-cap stocks and you are a mid-cap-stock-only investor Which is closest to DHI's beta? A) (0.50) D) 0.85 C) 1.00 B) 0.00 E) 0.75