Question related to Financial Management.Solve this project according to given data and use calculator and make table for X and y values and solve step by step I was assigned a project by my instructor at UnitedHealth Group $($UNH Corporation$)$ related to the subject of financial management. The requirement is to calculate Beta by following this procedure:$**$Project Description:$**1.$ Visit the Yahoo Finance website and collect data on the past annual stock prices of the company$\mathrm{.}2.$ Obtain the S&P $500$ index data$\mathrm{.}3.$ Calculate the annual return of the company$\mathrm{.}4.$ Set the data range from January $1,2023,$ to December $31,2023,$ and download the data including opening, closing, high, low, and adjusted closing prices$\mathrm{.}5.$ Use the adjusted closing prices to calculate the return as follows: return for period n $=($price at n $/$ price at n$-1)-1\mathrm{.}6.$ Calculate the monthly return for the S&P $500\mathrm{.}7.$ Determine the monthly price variation$\mathrm{.}8.$ Calculate Beta relative to the S&P $500.$To calculate Beta $(\backslash$beta $),$ use the following formula:$\backslash [\backslash$beta $=\backslash$frac$\{\backslash$text$\{$Covariance$\}($X$,$ Y$)\}\{\backslash$text$\{$Variance$\}($X$)\}\backslash ]$where:$-\backslash ($ X $\backslash )$ represents the returns of the S&P $500,-\backslash ($ Y $\backslash )$ represents the returns of the company.Follow these steps systematically and calculate Beta using the formula:$\backslash [\backslash$beta $=\backslash$frac$\{\backslash$sum $($X $-\backslash$bar$\{$X$\})($Y $-\backslash$bar$\{$Y$\})\}\{\backslash$sum $($X $-\backslash$bar$\{$X$\})^2\}\backslash ]$Calculation example is given below in picture.

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$841,716,41,\frac{716}{42},466=0\mathrm{.}98$

$941,150,41,\frac{150}{41},716=0\mathrm{.}98$

$\{\begin{array}{ccc}\text{:}[10,& 41,078,41,\frac{078}{41},& 150=1\mathrm{.}02]\end{array}$

$7\mathrm{.}124$

Means :$-$

$\frac{?}{\text{b}\text{a}\text{r}}(y)=1\mathrm{.}01,\stackrel{}{x}=1$

Next step: $\frac{{\displaystyle \underset{?}{\overset{?}{}}}(x-(\stackrel{}{x}))(y-y)}{{\displaystyle \underset{?}{\overset{?}{}}}(x-(\stackrel{}{x}){)}^2}$

$=\frac{-0\mathrm{.}0197}{0\mathrm{.}0016}$

$p=-12\mathrm{.}312$