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You are given the following set of data: Historical Excess Rate of Return year NYSE Stock X 1 -9.3% -10.7% 2 5.4% 4.3% 3 16.8%
You are given the following set of data:
Historical Excess Rate of Return
| year | NYSE | Stock X |
| 1 | -9.3% | -10.7% |
| 2 | 5.4% | 4.3% |
| 3 | 16.8% | 25.6% |
| 4 | -3.2% | 0.3% |
| 5 | 6.7% | 6.9% |
Determine stock Xs beta coefficient.
the answer is 1.281
I want the steps please
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Handbook Of The Economics Of Finance Corporate Finance Volume 1A
Authors: George M. Constantinides, M. Harris, Rene M. Stulz
1st Edition
0444513620, 978-0444513625
