Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Stock X has an expected return of 12 percent and a standard deviation of .14248. The S&P 500 has an expected return of 11 percent
Stock X has an expected return of 12 percent and a standard deviation of .14248. The S&P 500 has an expected return of 11 percent and a standard deviation of .096437. What is the beta of Stock X if the covariance of Stock X with the market is .0137.
.76 | ||
1.32 | ||
1.47 | ||
.68 | ||
1.55 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started