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Seven years worth of returns for stock W and for the overall market, Rm, are listed below. Compute the estimated beta of stock W. Year

Seven years worth of returns for stock W and for the overall market, Rm, are listed below. Compute the estimated beta of stock W.

Year Stock W Market, Rm

2007 7.8% 5.4% 2008 12.1% -6.7% 2009 14.5% 11.2% 2010 23.0% 15.6% 2011 8.2% 10.1% 2012 -12.4% 3.0% 2013 27.9% 16.7%

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