Answered step by step
Verified Expert Solution
Link Copied!

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

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Intelligence An Entrepreneurs Guide Volume 1

Authors: Income Mastery

1st Edition

1647772648, 978-1647772642

More Books

Students also viewed these Finance questions

Question

3. Outline the four major approaches to informative speeches

Answered: 1 week ago

Question

4. Employ strategies to make your audience hungry for information

Answered: 1 week ago