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You have observed the following excess returns over time: Security Stock X Market Portfolio 2017 0.10 0.05 2018 0.12 0.11 2019 0.1 0.08 What is
You have observed the following excess returns over time:
Security | Stock X | Market Portfolio |
2017 | 0.10 | 0.05 |
2018 | 0.12 | 0.11 |
2019 | 0.1 | 0.08 |
What is the beta for this Stock X?
Please round your answer to the fourth decimal, i.e. 0.0001.
Please be detailed.
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