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The table below depict the expected return CCC Berhad and XXX Berhad for April and May: Month Return on FBM KLSE CI Return on CCC

The table below depict the expected return CCC Berhad and XXX Berhad for April and May: Month Return on FBM KLSE CI Return on CCC Berhad Return on XXX Berhad April 6.25% -2.40% 6.60% May 31.25% 45.60% 13.20%

Month

Return on FBM KLSE CI

Return on CCC Berhad

Return on XXX Berhad

April

6.25%

-2.40%

6.60%

May

31.25%

45.60%

13.20%

a) Calculate the betas for both stocks. (5 marks)

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