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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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