Using the same data as in Problem 11, estimate the alpha of Nike and HP stock, expressed

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Using the same data as in Problem 11, estimate the alpha of Nike and HP stock, expressed as % per month.

Data from in problem 11

Go to Chapter Resources in MyLab Finance and use the data in the spreadsheet provided to estimate the beta of Nike (NKE) and HP (HPQ) stock based on their monthly returns from 2011–2021.

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Corporate Finance

ISBN: 9781292446318

6th Global Edition

Authors: Jonathan Berk, Peter DeMarzo

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