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Jamieson Ltd . is a large cap company that produces safety clothing and equipment. The CFO collected the following data to calculate the firm s

Jamieson Ltd. is a large cap company that produces safety clothing and equipment. The CFO collected the following data to calculate the firms beta:
Date Jamieson
Share Price
(CAD) Stock Index
1/3/17109.442,275
12/1/16104.222,239
11/1/1698.362,199
10/3/1691.982,126
9/1/1692.152,168
8/1/1693.742,171
7/1/1695.222,174
6/1/1696.372,099
5/2/1697.752,097
4/1/16101.732,065
3/1/1697.842,060
2/1/1694.111,932
1/4/1694.401,940
12/1/15103.522,044
11/2/15111.082,080
10/1/15111.342,079
9/1/15100.051,920
8/3/1599.731,972
7/1/15117.472,104
6/1/15111.092,063
5/1/15107.422,107
4/1/15105.812,086
3/2/15102.092,068
2/2/15101.302,104
1/2/1588.531,995
12/1/1491.672,059
11/3/1488.912,068
10/1/1487.822,018
9/2/1485.561,972
8/1/1486.382,003
7/1/1482.531,931
6/2/1482.401,960
5/1/1480.741,924
4/1/1476.251,884
3/3/1476.951,872
2/3/1477.661,859
1/2/1469.781,783
12/2/1373.421,848
11/1/1366.971,806
10/1/1365.111,757
9/3/1361.221,682
8/1/1357.751,633
7/1/1361.371,686
6/3/1359.951,606
5/1/1359.881,631
4/1/1359.661,598
3/1/1353.921,569
2/1/1351.821,515
1/2/1351.151,498
12/3/1247.271,426
11/1/1246.431,416
10/1/1245.931,412
9/4/1248.881,441
8/1/1246.251,407
7/2/1245.941,379
6/1/1245.351,362
5/1/1242.741,310
4/2/1240.311,398
3/1/1240.931,408
2/1/1239.261,366
1/3/1236.371,312
12/1/1135.061,258
REQUIRED:
1. Calculate Jamiesons beta.
2. What is Jamiesons cost of common equity if the risk-free rate is 4.0% and the market risk premium is 5.0%?

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