Question: If a stock went up from $ 4 3 . 6 0 to $ 5 2 . 9 0 last month, and the S&P 5

If a stock went up from $43.60 to $52.90 last month, and the S&P500(representing the market) went down from 3,540 to 3,030 last month, what would be the implied beta for the stock (if this is the only information you have)?
a.-0.68
b.0.68
c.-0.02
d.-1.48
e. None of the above is within 10 of the correct answer.
 If a stock went up from $43.60 to $52.90 last month,

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