In: Finance
Given the following price data for EA and the Market Index (DIA) from 2000 to 2015, find the returns for each price series, then calculate the beta for EA's stock. (Round to 3 decimals)
Year | Ea | DIA |
2000 | 21.3125 | 74.67136 |
2001 | 29.975 | 70.95762 |
2002 | 24.885 | 60.53014 |
2003 | 47.68 | 77.4199 |
2004 | 61.68 | 81.3084 |
2005 | 52.31 | 82.6164 |
2006 | 50.36 | 98.24182 |
2007 | 58.41 | 106.8822 |
2008 | 16.04 | 72.5348 |
2009 | 17.75 | 89.03117 |
2010 | 16.38 | 101.5058 |
2011 | 20.6 | 109.6855 |
2012 | 14.52 | 120.583 |
2013 | 22.94 | 156.3253 |
2014 | 47.02 | 171.5243 |
2015 | 68.72 | 171.6787 |