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The Beta for the following stocks are presented for the period 2004- 2008 in the Table below. see the Monthly Adjusted Prices spreadsheetor from finance.yahoo.com.

The Beta for the following stocks are presented for the period 2004- 2008 in the Table below. see the Monthly Adjusted Prices spreadsheetor from finance.yahoo.com. Refer to the useful Spreadsheet Functions box near the end of Chapter 9 for information on Excel functions Stock Beta Stock Beta Amazon 2.16 Disney .96 Ford 1.75 Newmont .63 Dell 1.41 Exxon Mobil .55 Starbucks 1.16 Johnson & Johnson .50 Boeing 1.14 Campbell Soup .30 Download to a spreadsheet the last five years of monthly adjusted stock prices for each of the companies in Table and for the Standard & Poors Composite Index (S&P 500). a. Calculate the monthly returns. b. Calculate beta for each stock using the Excel function SLOPE, where the y range refers to the stock return (the dependent variable) and the x range is the market return (the independent variable). c. How have the betas changed from those reported in Table? Please comment on the 10 stocks

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