Imagine you wish to estimate the betas for two investments, A and B. You have gathered the following return data, for the market and for each of the investments over the past 10 years, 2008 2017.

a. On a set of market return (x-axis) dash investment return (y-axis) axes, use the data to draw the characteristic lines for investments A and B on the same set of axes.

a. The equation of the line for asset A is (Round to two decimal places.)

b. Use the characteristic lines from part a to estimate the betas for investments A and B.

Historical Returns
			Investment
Year	Market		A		B
2008	5.35%		10.1%		16.8%
2009	2.3%		7.2%		9.5%
2010	12.8%		3.7%		10.8%
2011	3.8%		3.9%		2.8%
2012	7.7%		0.2%		2.7%
2013	15.2%		18.4%		30.7%
2014	10.7%		13.1%		21.8%
2015	14.7%		18.9%		28.9%
2016	8.6%		12.1		18.6%
2017	13.9%		16.6%		25.2%