Expected Company P/E Ratio Beta Payout Growth Boeing 17.3 3.50% 1.1 28% General 15.5 11.50% 1.25 40% Dynamics General Motors 16.5 13.00% 0.85 41% - Hughes Grumman 11.4 10.50% 0.8 37% Lockheed 10.2 9.50% 0.85 37% Corporation Logicon 12.4 14.00% 0.85 11% Loral 13.3 16.50% 0.75 23% Corporation Martin Marietta 11 8.00% 0.85 22% McDonnell 22.6 13.00% 1.15 37% Douglas Northrop 9.5 9.00% 1.05 47% Raytheon 12.1 9.50% 0.75 28% Rockwell 13.9 11.50% 1 38% Thiokol 8.7 5.50% 0.95 15% United 10.4 4.50% 0.7 50% Industrial Estimate a PE regression with all companion variables as independent variables. What is the coefficient estimate on beta? O 35.74 O 11.97 O 2.90 O -2.33