Apple Inc.’s annual stock returns for the last five years are: 146.81%, 53.09%, 25.55%, 32.56%, and 8.06%. The S&P 500 Index’s annual returns for the last five years are: 23.45%, 12.78%, 0.00%, 13.41%, and 29.60%. What is Apple’s beta coefficient?

Answer rating: 100% (QA)

To calculate Apples beta coefficient we need to determine the covariance between Apples annual stock ... View the full answer