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EC3. As per the following information you see that Amazon's beta is 1.20. Amazon.com, Inc. (AMZN) Nasdaqs - NasdaqGs Real Time Price. Currency in USD Add to watchlist 3,162.58 -24.15 (-0.76%) At close: December 4 4:00PM EST Summary Company Outlook Chart Conversations Stat Previous Close 3,186.73 Market Cap 1.587T Open 3,198.21 Beta (5Y Monthly) 1.20 Bid 3,160.00 x 1100 PE Ratio (TTM) 92.47 Ask 3,160.09 x 900 EPS (TTM) 34.20 Day's Range 3,158.76 - 3,198.21 Earnings Date Jan 28, 2021 - Feb 01, 2021 52 Week Range 1,626.03 - 3,552.25 Forward Dividend & Yield N/A (N/A) Volume 2,913,611 Ex-Dividend Date N/A Avg. Volume 4,954,004 1y Target Est 3,812.78 (Source: yahoo.com/finance, Sunday December 6, 2020) a. How do you interpret this beta? (5 points) b. What type of risk does beta represent, systematic or unsystematic? (4 points) EC3. As per the following information you see that Amazon's beta is 1.20. Amazon.com, Inc. (AMZN) Nasdaqs - NasdaqGs Real Time Price. Currency in USD Add to watchlist 3,162.58 -24.15 (-0.76%) At close: December 4 4:00PM EST Summary Company Outlook Chart Conversations Stat Previous Close 3,186.73 Market Cap 1.587T Open 3,198.21 Beta (5Y Monthly) 1.20 Bid 3,160.00 x 1100 PE Ratio (TTM) 92.47 Ask 3,160.09 x 900 EPS (TTM) 34.20 Day's Range 3,158.76 - 3,198.21 Earnings Date Jan 28, 2021 - Feb 01, 2021 52 Week Range 1,626.03 - 3,552.25 Forward Dividend & Yield N/A (N/A) Volume 2,913,611 Ex-Dividend Date N/A Avg. Volume 4,954,004 1y Target Est 3,812.78 (Source: yahoo.com/finance, Sunday December 6, 2020) a. How do you interpret this beta? (5 points) b. What type of risk does beta represent, systematic or unsystematic? (4 points)