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You are given the following set of data: HISTORICAL RATES OF return : Year NYSE Stock 1 -26.50% -14% 2 37.20% 23% 3 23.80% 17.50%
You are given the following set of data: HISTORICAL RATES OF return :
Year | NYSE | Stock |
1 | -26.50% | -14% |
2 | 37.20% | 23% |
3 | 23.80% | 17.50% |
4 | -7.20% | 2% |
5 | 6.60% | 8.1% |
6 | 20.50% | 19.40% |
7 | 30.60% | 18.20% |
please calculate Stock X's beta coefficient. (please show me your work and formula)
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