Using the following information to answer the next three questions Company Average Daily Retunn Standard Deviation of Daily Returns Correlation with the Market Chiquita 0.088% 2.40% 0.85 Target Goldman Sachs 0.084% 1.95% 0.80 0.057% 1.2% 0.52 Average Daily Return of the Market Standard Deviation of Daily Market Returns Annual Risk Free Rate Expected Annual Market Retun 0.048% 0.99% 2% 9% 14) What is Target's Beta over this period? a. 0.33 b. 0.63 c. 0.93 d. 1.23 e. 1.43 15) Using the CAPM model, what is Chiquita's required annual rate of return on equity (cost of equity)? 7.29% 8.47% 11.65% 12.40% 16.42% a. c. d. e. 16) Which company has had the most exposure to market (or systematic) risk over this period? a. Target b. Goldman Sachs c. Chiquita