Mini-Case Module 5 Stock J (J) 0.24 0.07 0.15 0.01 0.15 0.12 0.14 0.15 0.02 0.11 Covariance Equation Beta avg for J avg for M Geomean J Geomean M Variance J St Dev J Variance M Cov J&M beta for J a b C d e f 9 h Given the monthly returns for Stock J and the market on the left, please calcualte the following. a. The arithmetic mean (or average) for Stock J (2 points) b. The arithmetic mean (or average) for the Market (M)(2 points) Market (M) 0.15 0.1 c. The geometric mean for Stock J (2 points) d. The geometric mean for the Market (M) (2 points) 0.12 e. The variance for Stock J (2 points) 0.01 f. The standard deviation for Stock J (2 points) 0.05 g. The variance of the Market (M) (2 points) 0.16 h. The covariance of Stock J returns to Market returns (M) (2 points) The beta for StockJ (2 points) 0.24 0.11 Please show work and answer questions completely to receive full credit. 0.26 0.01 0.21 Covariance (equity returns to market returns) divided by Variance (market returns) 1