What is the CAPM beta of stock 1?

Note: Stock 1 refers to NVDA, stock 2 refers to WMT, and stock 3 refers to XOM. Answer with two decimals.

Date	1	2	3	SPY	RF
1-Jan-05	1.75291	35.8027	28.4107	83.3842	0.0016
1-Feb-05	2.21714	35.2629	34.8582	85.1272	0.0016
1-Mar-05	1.81715	34.238	32.9762	83.243	0.0021
1-Apr-05	1.67719	32.3037	31.5542	82.0043	0.0021
1-May-05	2.07259	32.3654	31.095	84.6469	0.0024
1-Jun-05	2.04353	33.1359	31.9596	84.4343	0.0023
1-Jul-05	2.06953	33.9265	32.6714	88.0187	0.0024
1-Aug-05	2.34639	30.9085	33.3109	87.1936	0.003
1-Sep-05	2.62171	30.22	35.5084	87.5208	0.0029

Answer rating: 100% (QA)

To calculate the CAPM beta of Stock 1 NVDA we need to estimate the beta coefficient using the follow... View the full answer