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Download daily stock price data for the consulting firm Accenture (ticker ACN) and for the S&p 500 index for the period January 1, 2010 to
Download daily stock price data for the consulting firm Accenture (ticker ACN) and for the S&p 500 index for the period January 1, 2010 to December 31, 2010. 2. Estimate the equity beta for Accenture using this year of data by running a regression in Excel. Also report the standard error for beta a. b. On May 6, 2010 there was a "flash crash:" around 2:45pm, the Dow Jones Industrial Average dropped about 9% in seconds before recovering minutes later (see http://goo.gl/c2VkX for details). Some stocks, such as Accenture, traded at levels as low Download daily stock price data for the consulting firm Accenture (ticker ACN) and for the S&p 500 index for the period January 1, 2010 to December 31, 2010. 2. Estimate the equity beta for Accenture using this year of data by running a regression in Excel. Also report the standard error for beta a. b. On May 6, 2010 there was a "flash crash:" around 2:45pm, the Dow Jones Industrial Average dropped about 9% in seconds before recovering minutes later (see http://goo.gl/c2VkX for details). Some stocks, such as Accenture, traded at levels as low
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