DATE INDEX FIRM S&P 500 MSCI WORLD GE JAN 17 1111.92 1036.32 30.98 FEB 17 1131.13 1052.29 33.63 MAR17 1144.94 1068.66 32.52 APR 17 1126.21 1059.16 30.52 MAY 17 1107.3 1042.63 29.95 JUNE 17 1120.68 1026.51 31.12 JULY 17 1140.84 1026.99 32.40 Calculate Beta of GE using S&P500 and MSCI WORLD index. Interpret the beta. Start by finding, for the stock and the indexes, its: a) Rates of return for both indexes and stock b) Average return for both indexes and stock c) Risk for the indexes d) Covariance between S&P500-GE and MSCI-GE e) Beta