I was assigned a project by my instructor at UnitedHealth Group $($UNH Corporation$)$ related to the subject of financial management. The requirement is to calculate Beta by following this procedure:Project Description:Visit the Yahoo Finance website and collect data on the past annual stock prices of the company.Obtain the S&P $500$ index data.Calculate the annual return of the company.Set the data range from January $1,2023,$ to December $31,2023,$ and download the data including opening, closing, high, low, and adjusted closing prices.Use the adjusted closing prices to calculate the return as follows: return for period n $=($price at n $/$ price at n$-1)-1.$Calculate the monthly return for the S&P $500.$Determine the monthly price variation.Calculate Beta relative to the S&P $500.$To calculate Beta $(\backslash$beta $),$ use the following formula:$[\backslash$beta $=\backslash$frac$\{\backslash$text$\{$Covariance$\}($X$,$ Y$)\}\{\backslash$text$\{$Variance$\}($X$)\}]$where:$($ X $)$ represents the returns of the S&P $500,($ Y $)$ represents the returns of the company.Follow these steps systematically and calculate Beta using the formula:$[\backslash$beta $=\backslash$frac$\{\backslash$sum $($X $-\backslash$bar$\{$X$\})($Y $-\backslash$bar$\{$Y$\})\}\{\backslash$sum $($X $-\backslash$bar$\{$X$\})^2\}]$Make sure to follow a proper pattern and steps to ensure accurate calculations.