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You are given the following information concerning a stock and the market: Year Returns Market Stock 2017 14% 26% 2018 10 10 2019 20 3

You are given the following information concerning a stock and the market:

Year Returns
Market Stock
2017 14% 26%
2018 10 10
2019 20 3
2020 15 31
2021 35 16
2022 15 18

Calculate the average return and standard deviation for the market and the stock.

Note: Use Excel to complete the problem. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.

Calculate the correlation between the stock and the market, as well as the stocks beta.

Note: 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.

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