On this question we are asked to calculated beta based on some data we are given. This confused me because it was 8 marks and given the data we could calculate it simply using the covariance and variance functions in excel. =COVARIANCE.P(market returns ,asset x returns)/VAR.P(market returns). The exam solutions are much more complex and resultantly much more time consuming but arrive at the same answer. Would the full 8 marks be scored for simply using the covariance and variance functions
Hi, Yes - alternative Excel approaches would be accepted, as long as you demonstrate your approach and you arrive at the correct answer. Alvin.
