Answered step by step
Verified Expert Solution
Question
1 Approved Answer
I JUST NEED THE 2ND PART ! I ALWAYS LEAVE A LIKE FOR CORRECT ANSWERS! THANKS!! You hear on the news that the S&P 500
I JUST NEED THE 2ND PART! I ALWAYS LEAVE A LIKE FOR CORRECT ANSWERS! THANKS!!
You hear on the news that the S&P 500 was down 1.7% today relative to the risk-free rate (the market's excess return was - 1.7%). You are thinking about your portfolio and your investments in Zynga and Proctor and Gamble. a. If Zynga's beta is 1.3, what is your best guess as to Zynga's excess return today? b. If Proctor and Gamble's beta is 0.4, what is your best guess as to P&G's excess return today? a. If Zynga's beta is 1.3, what is your best guess as to Zynga's excess return today? Zynga's excess return today is - 2.2 %. (Round to one decimal place.) b. If Proctor and Gamble's beta is 0.4, what is your best guess as to P&G's excess return today? Proctor and Gamble's excess return today 0.0%. (Round to one decimal place.)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