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You are given the following information concerning a stock and the market: Year 2014 2015 2016 2017 2018 2019 Returns Market Stock 15% 27% 11

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You are given the following information concerning a stock and the market: Year 2014 2015 2016 2017 2018 2019 Returns Market Stock 15% 27% 11 11 20 3 -8 -32 35 16 15 19 a. Calculate the average return and standard deviation for the market and the stock. (Use Excel to complete the problem. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Answer is complete but not entirely correct. Average return Standard deviation Market 14.67% 12.71 % Stock 7.33% 19.05 > % b. Calculate the correlation between the stock and the market, as well as the stock's beta. (Use Excel to complete the problem. Do not round intermediate calculations. Round your correlation answer to 2 decimal places and beta answer to 4 decimal places.) Answer is complete and correct. Correlation 0.72 Beta 1.0700

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