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The following table shows historical beginning-of-year adjusted close prices for a stock and the S&P 500. A B C 1 Year Stock S&P 500 2

The following table shows historical beginning-of-year adjusted close prices for a stock and the S&P 500. A B C 1 Year Stock S&P 500 2 2014 35.38 572.73 3 2015 33.43 497.53 4 2016 32.8 434.57 5 2017 34.55 457.76 B 2018 32.25 382.81 7 2019 34.02 310.24 8 2020 31.72 268.92 9 2021 31.75 368.94 10 2022 32.63 420.32 Part 1 Attempt 1/3 for 10 pts. Calculate the annual returns and regress the returns on the stock on the returns on the S&P 500. What is the stock's beta, i.e., the slope coefficient of the regression? 3+ decimals Submit

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