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ou are given the following information concerning a stock and the market: Returns Year Market Stock 2014 15 % 27 % 2015 14 30 2016

ou are given the following information concerning a stock and the market:

Returns
Year Market Stock
2014 15 % 27 %
2015 14 30
2016 15 6
2017 14 24
2018 37 16
2019 15 25

a. Calculate the average return and standard deviation for the market and the stock. (Use Excel to complete the problem. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)

b. Calculate the correlation between the stock and the market, as well as the stocks beta. (Use Excel to complete the problem. Do not round intermediate calculations. Round your correlation answer to 2 decimal places and beta answer to 4 decimal places.)

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