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Intro The following table shows historical beginning-of-year adjusted close prices for a stock and the S&P 500 B Stock S&P 500 33.2 573.96 31.27 558.72
Intro The following table shows historical beginning-of-year adjusted close prices for a stock and the S&P 500 B Stock S&P 500 33.2 573.96 31.27 558.72 528.73 30.64 A 1 Year 2 2014 3 2015 4 2016 5 2017 6 2018 7 2019 8 2020 9 2021 10 2022 32.79 551.92 30.49 476.97 32.26 31.21 8 399.95 358.63 456.65 31.24 32.12 510.03 Part 1 - Attempt 1/10 for 10 pts. Calculate the annual returns and regress the returns on the stock on the returns on the S&P 500. What is the stock's beta, i.e., the slope coefficient of the regression? 3+ decimals Submit
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