FIGURE 12.11 Monthly rates 40% of return for (a) Marathon Oil, (b) Intel, and (c) Walmart, plus the market portfolio for the five years (a) 30% ending December 2017 20% 10% 10% -10% -5% 5% -20% Beta 2.39 Std dev 43.7 % -30 % 30%-T (b) 25%+ 20%+ 15%- 10% 5% 506 -10% 10% -5% 5% 10% Beta 1.07 -15% Std dev 20.5% -20% Market return (%) FIGURE 12.11 (continued) 30% (c) 25% 20% 15% 10% 5% t. -5% Op 5% 5% -10% 10% -10% -15% Beta = 37 Std dev 16.4% -20 % Market return (%) Return on Walmart Marathon Oil return (%) Intel retum (%)

FIGURE 12.11 Monthly rates 40% of return for (a) Marathon Oil, (b) Intel, and (c) Walmart, plus the market portfolio for the five years (a) 30% ending December 2017 20% 10% 10% -10% -5% 5% -20% Beta 2.39 Std dev 43.7 % -30 % 30%-T (b) 25%+ 20%+ 15%- 10% 5% 506 -10% 10% -5% 5% 10% Beta 1.07 -15% Std dev 20.5% -20% Market return (%) FIGURE 12.11 (continued) 30% (c) 25% 20% 15% 10% 5% t. -5% Op 5% 5% -10% 10% -10% -15% Beta = 37 Std dev 16.4% -20 % Market return (%) Return on Walmart Marathon Oil return (%) Intel retum (%)

EBK CFIN

6th Edition

ISBN:9781337671743

Author:BESLEY

Publisher:BESLEY

Chapter10: Project Cash Flows And Risk

Section: Chapter Questions

Problem 15PROB

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