A security analyst has regressed the monthly returns on Exxon Mobil equity shares over the past five years against those on the Standard & Poors 500 stock index over the same period. The resulting regression equation is r_EM = 0.05 + 0.68r_SP. Use this equation and any other information you deem appropriate to estimate Exxon Mobils equity beta. (Round your answer to 2 decimal places.)

A security analyst has regressed the monthly returns on Exxon Mobil equity shares over the past five years against those on the Standard & Poors 500 stock index over the same period. The resulting regression equation is r_EM = 0.05 + 0.68r_SP. Use this equation and any other information you deem appropriate to estimate Exxon Mobils equity beta. (Round your answer to 2 decimal places.

A security analyst has regressed the monthly returns on Exxon Mobil equity shares over the past five years against those on the Standard & Poors 500 stock index over the same period. The resulting regression equation is r_EM = 0.05 + 0.68r_SP. Use this equation and any other information you deem appropriate to estimate Exxon Mobils equity beta. (Round your answer to 2 decimal places.)

Estimated Exxon Mobil's equity beta =