# Question: the possible outcomes for the returns on stock x and...

###### Question details

The possible outcomes for the returns on Stock X and the returns
on the market portfolio have been estimated as
follows:

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

B. 3.0

C. 1.0

D. 0.3