Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Download market indices (for example, S&P 500 indices) for the same period(2018.9.1-2023.8.31) and same frequency with the Apple and Microsoft . Calculate daily log retuns
Download market indices (for example, S&P 500 indices) for the same period(2018.9.1-2023.8.31) and same frequency with the Apple and Microsoft . Calculate daily log retuns for market indices and convert themto annualised returns. Using the annualised caily stock returns, annualised daily retuns for market indices, and the risk-free rate series for five years (from 1sSeptember 2018 to 31* August 2023), estimate a beta() for the two stocks using the OLS regression. Interpret the results.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started