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Intro The following table shows historical beginning-of-year adjusted close prices for a stock and the S&P 500. A B 1 Year Stock S&P 500 2
Intro The following table shows historical beginning-of-year adjusted close prices for a stock and the S&P 500. A B 1 Year Stock S&P 500 2 2014 32.34 571.1 3 2015 30.41 523.29 4 2016 29.78 461.96 5 2017 32.02 485.15 6 2018 29.72 410.2 7 2019 31.49 340.93 8 2020 29.67 299.61 9 2021 29.7 397.63 10 2022 30.58 451.01 Attempt 2/10 for 10 pts. Part 1 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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