You have run a regression of stock returns against market


Question: You have run a regression of stock returns against market returns, using monthly dataover the last three years for Golden Books. The regression equation is reproducedbelow:ReturnsGolden Books = - 1.31% + 0.85 (ReturnsS&P 500)Assuming that the average riskfree rate during the period was 5.4%, estimate theJensen's alpha for this stock, in annualized terms.

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Finance Basics: You have run a regression of stock returns against market
Reference No:- TGS02428685

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