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The change in the value of New England Electric Inc. over the last two years is as follows: Year one- 7% Year two- 12%. During the same time the S...

The change in the value of New England Electric Inc. over the last two years is as follows:

  1. Year one- 7%
  2. Year two- 12%.

During the same time the S and P changed 6% in year one and 8% in year two. 

Calculate the Beta for Chicago Steel Works? What does this mean?

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