Question 10- (8 points) a) (4 points) How do you estimate a security's beta? b) (4 points) Walmart Inc. (WMT) currently has a beta (estimated with 5 years of monthly data) of 0.53. What does this beta estimate mean? Why does this beta estimate make sense for Walmart? Explain. Walmart Inc. (formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores.

Question 10 - (8 points) a) (4 points) How do you estimate a security's beta? b) (4 points) Walmart Inc. (WMT) currently has a beta (estimated with 5 years of monthly data) of 0.53 . What does this beta estimate mean? Why does this beta estimate make sense for Walmart? Explain. Walmart Inc. (formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores