A security analyst has regressed the monthly returns on Exxon Mobil equity shares over the past...
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A security analyst has regressed the monthly returns on Exxon Mobil equity shares over the past five years against those on the Standard & Poor's 500 stock index over the same period. The resulting regression equation is TEM = 0.08 +1.56 rsp. Use this equation to estimate Exxon Mobil's equity beta. Note: Round your answer to 2 decimal places. Estimated Exxon Mobil's equity beta A security analyst has regressed the monthly returns on Exxon Mobil equity shares over the past five years against those on the Standard & Poor's 500 stock index over the same period. The resulting regression equation is TEM = 0.08 +1.56 rsp. Use this equation to estimate Exxon Mobil's equity beta. Note: Round your answer to 2 decimal places. Estimated Exxon Mobil's equity beta
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