Your research discovers the following calculated values: Amazon Apple Netflix Market Covariance(Sample)-Annual Amazon Apple Netflix 9.19% 5.38% 7.21% 5.38% 9.04% 5.58% 7.21% 5.58% 16.68% 3.44% 4.30% 3.71% Market 3.44% 4.30% 3.71% 3.58% Correlation coefficient Amazon Apple Netflix 1.00 0.59 0.58 0.59 1.00 0.45 0.58 0.45 1.00 0.60 0.76 0.48 Market 0.60 0.76 0.48 1.00 2 Equity Outstanding Market Debt Value Market Value Amazon 1500 billion 300 billion Apple 1900 billion 100 billion Netflix 215 billion 50 billion Please answer the following questions: Credit Rating BBB AA BB 3 Please answer the following questions: a. What are the Equity Betas for Amazon, Apple, Netflix and the overall Market? AMZN AAPL NFLX Market Answer Answer Answer Answer b. Place the four investments in rank order from highest to lowest for the investments expected return: Highest Expected Return Answer 2nd Highest Answer 2nd Lowest Answer Lowest Expected Return Answer Your research discovers the following calculated values: Amazon Apple Netflix Market Covariance(Sample)-Annual Amazon Apple Netflix 9.19% 5.38% 7.21% 5.38% 9.04% 5.58% 7.21% 5.58% 16.68% 3.44% 4.30% 3.71% Market 3.44% 4.30% 3.71% 3.58% Correlation coefficient Amazon Apple Netflix 1.00 0.59 0.58 0.59 1.00 0.45 0.58 0.45 1.00 0.60 0.76 0.48 Market 0.60 0.76 0.48 1.00 2 Equity Outstanding Market Debt Value Market Value Amazon 1500 billion 300 billion Apple 1900 billion 100 billion Netflix 215 billion 50 billion Please answer the following questions: Credit Rating BBB AA BB 3 Please answer the following questions: a. What are the Equity Betas for Amazon, Apple, Netflix and the overall Market? AMZN AAPL NFLX Market Answer Answer Answer Answer b. Place the four investments in rank order from highest to lowest for the investments expected return: Highest Expected Return Answer 2nd Highest Answer 2nd Lowest Answer Lowest Expected Return