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Business, 03.05.2021 19:30 LuchaPug

You are given the following information about Microsoft stock: the standard deviation of its excess monthly return over 2000-2019 is .007001; the covariance of those returns with the market's excess returns during that period is .002111. During 2000-2019 the standard deviation of the market's excess returns was .001752. Over 2015-2019 the standard deviation of the market's excess returns was only .001161 and the standard deviation of MSFT's excess returns was only .003372. The covariance of the two over 2015-2019 was .00143. Using only this information, what is your estimate of MSFT's CAPM beta

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