Assignment:
To estimate the beta for a Brazilian telecommunications company, you have collected a sample of telecom peers in Latin America and Asia and peers in the United States and Europe. The median beta versus a world index is around 1.5 for the Latin American and Asian peers and around 0.9 for the U.S. and European peers. What would you have to believe to choose the Latin American/Asian peers beta? What additional analyses would you undertake to test either choice?
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.