Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. innovative tech, inc.'s (iti) annual stock returns

Innovative Tech, Inc.'s (ITI) annual stock returns for the last five years are: -6%, 49%, 12%,...

90.2K

Verified Solution

Question

Finance

Innovative Tech, Inc.'s (ITI) annual stock returns for the lastfive years are: -6%, 49%, 12%, -3%, and 45%. The S&P 500Index's annual returns for the last five years are: -5%, 22%, 12%,2%, and 14%. What is ITI's beta coefficient?

Answer & Explanation Solved by verified expert
3.8 Ratings (397 Votes)
SEE THE IMAGE ANY    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

Innovative Tech, Inc.'s (ITI) annual stock returns for the lastfive years are: -6%, 49%, 12%, -3%, and 45%. The S&P 500Index's annual returns for the last five years are: -5%, 22%, 12%,2%, and 14%. What is ITI's beta coefficient?

Other questions asked by students

Q

Olsen Outfitters Inc. believes that its optimal capital structure consists of 60% of equity and...

Algebra
Q

At what point is the function f(x)= |3-x| not differentiable.

Basic Math
Q

Graft-Versus-Host disease will most likely be a complication of a blood transfusion. T or F Desensitization to prevent allergies...

Biology
Q

Please explain if you can: In which of the following is the enzyme properly paired with...

Biology
Q

A hydrogen molecule (H2) in its electronic, vibrational and rotational base state, absorbs a photon of frequency...

Physics
Q

13 A particle of mass m is moving with a velocity v and another particle...

Physics
Q

Find sinJ Express each ratio as a a decimal to the nearest hundredth

Geometry
Q

The following pictures has graphs of f x and f x

Calculus
Q

3 Find a sin300 d sec 315 4 Convert b cos 120 e sec 90...

Calculus
Q

2. Bonds with a face value of $600,000 and a quoted price of 10444 have...

Accounting
Q

EXERCISE 3-5 Journal Entries and T-accounts LO3-1, LO3-2 The Polaris Company uses a...

Accounting
Q

Noels Mobile Pet Services Company has a grooming department staffed by 10 professional pet groomers....

Accounting