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A security analyst has regressed the monthly returns on Exxon Mobil equity shares over the past five years against those on the Standard & Poor's 500 stock Index over the same period. The resulting regression equation IS EM = 0.09-1.57/sp. Use this equation to estimate Exxon Mobil's equity beta. Note: Round your answer to 2 decimal places. Estimated Exxon Mobil's equity beta

A security analyst has regressed the monthly returns on Exxon Mobil equity shares over the past five years against those on the Standard & Poor's 500 stock Index over the same period. The resulting regression equation IS EM = 0.09-1.57/sp. Use this equation to estimate Exxon Mobil's equity beta. Note: Round your answer to 2 decimal places. Estimated Exxon Mobil's equity beta

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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A security analyst has regressed the monthly returns on Exxon Mobil equity shares over the past five years against those on the Standard & Poor's 500 stock Index over the same period. The resulting regression equation IS TEM=0.09-1.57/sp. Use this equation to estimate Exxon Mobil's equity beta. Note: Round your answer to 2 decimal places. Estimated Exxon Mobil's equity beta
Transcribed Image Text:A security analyst has regressed the monthly returns on Exxon Mobil equity shares over the past five years against those on the Standard & Poor's 500 stock Index over the same period. The resulting regression equation IS TEM=0.09-1.57/sp. Use this equation to estimate Exxon Mobil's equity beta. Note: Round your answer to 2 decimal places. Estimated Exxon Mobil's equity beta
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