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Only able to provide one month INTC S&P Date Adj Close Adj. Close 1/4/2016 30.13 2012.66 1/5/2016 29.99 2016.71 1/6/2016 29.33 1990.26 1/7/2016 28.23 1943.09

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Only able to provide one month

INTC S&P
Date Adj Close Adj. Close
1/4/2016 30.13 2012.66
1/5/2016 29.99 2016.71
1/6/2016 29.33 1990.26
1/7/2016 28.23 1943.09
1/8/2016 27.94 1922.03
1/11/2016 28.42 1923.67
1/12/2016 28.97 1938.68
1/13/2016 28.29 1890.28
1/14/2016 29.03 1921.84
1/15/2016 26.38 1880.33
1/19/2016 26.42 1881.33
1/20/2016 26.23 1859.33
1/21/2016 26.30 1868.99
1/22/2016 26.53 1906.90
1/25/2016 26.24 1877.08
1/26/2016 26.54 1903.63
1/27/2016 26.43 1882.95
1/28/2016 26.57 1893.36
1/29/2016 27.50 1940.24
changed? Q 10.34. Download daily stock market data for Intel and the S&P 500 for calendar year 2016 from YAHOO! FINANCE. 1. What was Intel's plain stock-market-model regression beta in your sample? 2. What was Intel's shrunk stock-market beta? Use a shrinkage factor of 0.5 towards a market beta of 1.0 and your just-calculated estimate. 3. How does this compare to the Intel market beta on YAHOO! FINANCE? 4. If Intel had a debt-equity ratio of 1-to-2 and its debt was close to risk-free, what was its asset beta? (Hint: To determine the debt-to-asset ratio, make up an ex- ample in which a firm has a 30% D/E ratio.) changed? Q 10.34. Download daily stock market data for Intel and the S&P 500 for calendar year 2016 from YAHOO! FINANCE. 1. What was Intel's plain stock-market-model regression beta in your sample? 2. What was Intel's shrunk stock-market beta? Use a shrinkage factor of 0.5 towards a market beta of 1.0 and your just-calculated estimate. 3. How does this compare to the Intel market beta on YAHOO! FINANCE? 4. If Intel had a debt-equity ratio of 1-to-2 and its debt was close to risk-free, what was its asset beta? (Hint: To determine the debt-to-asset ratio, make up an ex- ample in which a firm has a 30% D/E ratio.)

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