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Given here are stock and market returns. Calculate the beta of a stock. Year Stock return(percent) Market return(percent 1987 8.64 14.31 1988 16.98 8.50 1989

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Given here are stock and market returns. Calculate the beta of a stock. Year Stock return(percent) Market return(percent 1987 8.64 14.31 1988 16.98 8.50 1989 11.36 4.01 1990 21.12 17.98 1991 30.01 26.48 1992 -28.14 -15.66 1993 was 1994 28.27 23.84

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