vyatt Wyatt Market Oil Risk-free Market Oil Excess Excess Year Return Return Return Return Return 2007 3.0% 6.0% 5.5% 3.0% 2.5% 2008 1.5% -38.5% -32.6% -40.0% -34.1% 2009 1.0% 22.5% 19.6% 21.5% 18.6% Average 1.83% -3.33% -2.50% -5.17% -4.33% Diff: 1 Section: 12.3 Beta Estimation Skill: Analytical 7) Using the average historical excess returns for both Wyatt Oil and the Market portfolio, your estimate of Wyatt Oil's Beta is closest to: A) 0.75 B) 0.84 C) 1.00 D) 1.19