Intro

The following table shows rates of return for a mutual fund and

the market portfolio $($S&P $500).$

Part $1$

What is the arithmetic average return for the market portfolio?

Part $2$

What is the covariance of returns?

Part $3$

What is the variance of the market portfolio?

Part $4$

What is the beta of the fund, using the industry model $($not

subtracting the risk$-$free rate$)?$