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QUESTION

The expected return on the market has been estimated to be 0.15 with a standard deviation of 0. The return on the riskfree asset is .

The expected return on the market has been estimated to be 0.15 with a standard deviation of 0.30.  The return on the riskfree asset is .10.  An Asset X has been identified that has a standard deviation of 0.80 and a correlation of its expected return with the expected return on the market of 0.70. Another asset Y has a correlation coefficient with Asset X of .05 and a standard deviation of 0.8. Please calculate the Beta of asset X with the working process.

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