The above data are obtained from Yahoo finance on the stock of Disney (DIS). 17- How is the beta of DIS calculated? a. Regression of risk of the 5&P500 on the risk of DIS b. Regression of return of the 58P500 on the return of the DIS c. Regression of market risk premium on the return of DIS d. Covariance of the returns of DIS and the market over the variance of the market e. Variance of the DIS over the covariance of DIS and the market 18- What affects the beta of DIS? a. The fact that DIS has one of the Disney family on the board of directors b. The fact that DIS do not expand in third world countries c. The fact that DIS has a major investment in Europe d. The fact that DIS is affected by the US unemployment rate e. The fact that it is affected by progress of Six Flags entertainment 19- For DIS: a. It should use less debt because beta of DIS is too low. b. It should use less debt since it is in the risky entertainment and media industry c. It should use more debt because DIS is largest in its industry d. It should use more debt because debt increases profitability margins e. The debt use is independent of firm risk. 20- Read the return on the market portfolio, treasury bills and the yield to maturity of DIS bonds from the above chart, what is DIS's cost of equity? a. 10.00% b. 11.75% 12.33% d. 13.71% e. 14.55%