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You estimate a simple CAPM regression for the stock of ABC Corporation. You obtain the following results: Coefficients Standard Error t Stat P-value Intercept

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You estimate a simple CAPM regression for the stock of ABC Corporation. You obtain the following results: Coefficients Standard Error t Stat P-value Intercept M-F 0.0051 1.3866 0.0047 1.0782 0.2816 Lower 95% -0.0042 Upper 95% 0.0145 0.1071 12.9518 0.0000 1.1761 1.5972 Is the market beta of the stock significantly different from 1.5? Explain your answer.

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