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Suppose the market portfolio is equally likely to increase by 18% or decrease by 4%. a. Calculate the beta of a firm that goes
Suppose the market portfolio is equally likely to increase by 18% or decrease by 4%. a. Calculate the beta of a firm that goes up on average by 20% when the market goes up and goes down by 4% when the market goes down. b. Calculate the beta of a firm that goes up on average by 22% when the market goes down and goes down by 17% when the market goes up. c. Calculate the beta of a firm that is expected to go up 4% independently of the market. a. Calculate the beta of a firm that goes up on average by 20% when the market goes up and goes down by 4% when the market goes down. The beta is (Round to two decimal places.)
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