Question: the possible outcomes for the returns on stock x and...
The possible outcomes for the returns on Stock X and the returns
on the market portfolio have been estimated as
Scenario Stock X Market portfolio
1 9% 9%
2 21% 13%
3 13% 11%
Each scenario is considered to be equally likely to occur. Calculate the market beta for Stock X. Round your answer to the nearest tenth.
A. None of them