The S&P 500 Index returned: 5.1%, 6.9%, -7.3%, -8.1%, 7.2% Over the same period, BergAwesome Inc. had the following returns: 4.8%, 7.3%, -6.2%, -11.7%, 8.6% How much of the variability in BergAwesome is explained by the variability in the S&P 500 Index (R2)? (%)? (recurring content question)

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter10: Measuring Exposure To Exchange Rate Fluctuations
Section: Chapter Questions
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The S&P 500 Index returned: 5.1%, 6.9%, -7.3%, -8.1%, 7.2%

Over the same period, BergAwesome Inc. had the following returns: 4.8%, 7.3%, -6.2%, -11.7%, 8.6% How much of the variability in BergAwesome is explained by the variability in the S&P 500 Index (R2)? (%)?

(recurring content question)

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