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es A security analyst has regressed the monthly returns on Exxon Mobil equity shares over the past five years against those on the Standard
es A security analyst has regressed the monthly returns on Exxon Mobil equity shares over the past five years against those on the Standard & Poor's 500 stock index over the same period. The resulting regression equation is EM 0.05+1.41rsp. Use this equation to estimate Exxon Mobil's equity beta. Note: Round your answer to 2 decimal places. Estimated Exxon Mobil's equity beta
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Quantitative Analysis for Management
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna, Trevor S. Ha
12th edition
133507335, 978-0133507331
