You observe that AT&T stock and the S&P 500 have the following weekly returns: AT&T return...

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You observe that AT&T stock and the S&P 500 have the following weekly returns: AT&T return S&P 500 return 0.005 0.001 0.010 0.005 Week 1 2 3 4 -0.003 -0.005 -0.005 -0.001 If this pattern of stock returns is typical of AT&T stock, and you calculated a beta against the S&P 500, which of the following is true? O A. AT&T's beta is negative. O B. AT&T's beta is positive. OC. AT&T's beta is zero. O D. Cannot be determined from information given. You observe that AT&T stock and the S&P 500 have the following weekly returns: AT&T return S&P 500 return 0.005 0.001 0.010 0.005 Week 1 2 3 4 -0.003 -0.005 -0.005 -0.001 If this pattern of stock returns is typical of AT&T stock, and you calculated a beta against the S&P 500, which of the following is true? O A. AT&T's beta is negative. O B. AT&T's beta is positive. OC. AT&T's beta is zero. O D. Cannot be determined from information given.

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The detailed answer for the above question is provided below To determine the beta of ATT stock rela... View the full answer