Calculate Stock Beta and

Instructions:
1. do not delete/edit any data/formulas in the shaded sell.
2. fill in the non-shaded cells in Column B and C for the 5 companies, a separate table is provided fo
FIJI TELEVISION LIMITED
STOCK A Stock Returns yields

annual capital gain

Date Share Prices Dividend per share yields dividend yields

31-Dec-2013 0.35 0.16 #DIV/0! 46%

31-Dec-2014 -0.15 0.23 -143% -153%
31-Dec-2015 0.16 -207% 0%
31-Dec-2016 -0.06 0.36 -138% -600%
31-Dec-2017 0.06 -200% 0%

STOCK B Stock Returns yields

annual capital gain

Date Share Prices Dividend per share yields dividend yields

31-Dec-2013 #DIV/0! #DIV/0!

31-Dec-2014 #DIV/0! #DIV/0!
31-Dec-2015 #DIV/0! #DIV/0!
31-Dec-2016 #DIV/0! #DIV/0!
31-Dec-2017 #DIV/0! #DIV/0!

STOCK C Stock Returns yields

annual capital gain

Date Share Prices Dividend per share yields dividend yields
 31-Dec-2013 #DIV/0! #DIV/0!
31-Dec-2014 #DIV/0! #DIV/0!
31-Dec-2015 #DIV/0! #DIV/0!
31-Dec-2016 #DIV/0! #DIV/0!
31-Dec-2017 #DIV/0! #DIV/0!

STOCK D Unit Returns yields

annual capital gain

Date Share Prices Dividend per share yields dividend yields

31-Dec-2013 #DIV/0! #DIV/0!

31-Dec-2014 #DIV/0! #DIV/0!
31-Dec-2015 #DIV/0! #DIV/0!
31-Dec-2016 #DIV/0! #DIV/0!
31-Dec-2017 #DIV/0! #DIV/0!

STOCK E Unit Returns yields

annual capital gain

Date Share Prices Dividend per share yields dividend yields

31-Dec-2013 #DIV/0! #DIV/0!

31-Dec-2014 #DIV/0! #DIV/0!
31-Dec-2015 #DIV/0! #DIV/0!
31-Dec-2016 #DIV/0! #DIV/0!
31-Dec-2017 #DIV/0! #DIV/0!

Mutual FUNDS
Based on Prices
 Unit Returns yields
MUTUAL FUND
A
annual capital gain
Date Unit NAV Div and Capital Dist/Unit yields dividend yields

31-Dec-2013 #DIV/0! #DIV/0!

31-Dec-2014 #DIV/0! #DIV/0!
31-Dec-2015 #DIV/0! #DIV/0!
31-Dec-2016 #DIV/0! #DIV/0!
31-Dec-2017 #DIV/0! #DIV/0!

Unit Returns yields

MUTUAL FUND
B
annual capital gain
Date Unit NAV Div and Capital Dist/Unit yields dividend yields

31-Dec-2013 #DIV/0! #DIV/0!

31-Dec-2014 #DIV/0! #DIV/0!
31-Dec-2015 #DIV/0! #DIV/0!
31-Dec-2016 #DIV/0! #DIV/0!
31-Dec-2017 #DIV/0! #DIV/0!

Based on Net Asset Value

Unit Returns yields

MUTUAL FUND
A
annual capital gain
Date Unit Prices Div and Capital Dist/Unit yields dividend yields
 31-Dec-2013 #DIV/0! #DIV/0!
31-Dec-2014 #DIV/0! #DIV/0!
31-Dec-2015 #DIV/0! #DIV/0!
31-Dec-2016 #DIV/0! #DIV/0!
31-Dec-2017 #DIV/0! #DIV/0!

Unit Returns yields

MUTUAL FUND
B
annual capital gain
Date Unit Prices Div and Capital Dist/Unit yields dividend yields

31-Dec-2013 #DIV/0! #DIV/0!

31-Dec-2014 #DIV/0! #DIV/0!
31-Dec-2015 #DIV/0! #DIV/0!
31-Dec-2016 #DIV/0! #DIV/0!
31-Dec-2017 #DIV/0! #DIV/0!
k Beta and Alpha with Excel

table is provided for each company.

elds % Returns Beta

Method 1

Total Returns SPSE Market Index Unit Market

Company A #DIV/0!
Company B #DIV/0!
Company C #DIV/0!
1950 Company D #DIV/0!
#DIV/0! 2125 #DIV/0! 0.09 Company E #DIV/0!
-296% 2260 -0.77 0.06
-207% 2854 -2.07 0.26 MUTUAL FUNDS
-738% 3120 0.88 0.09 MUTUAL FUND A (Price) #DIV/0!
-200% 4484 -2.00 0.44 MUTUAL FUND B(Price) #DIV/0!
Average Return #DIV/0! 0.19 MUTUAL FUND A (NAV) #DIV/0!
MUTUAL FUND B(PNAV) #DIV/0!
elds % Returns

Total Returns SPSE Market Index5000

4000 Unit
- 2 .9 6 1 9 0 4 7 6 1 9 0 4 7 6

3000
- 2 .0 6 6 6 6 6 6 6 6 6 6 6 6 7

A ve ra g e R e t u r n
2000
1000
#D IV/0!

- 7 .3 7 5
0

-2
-1000

1950
#DIV/0! 2125 #DIV/0! 0.457142857142857
-1.53333333333333
#DI-1.42857142857143
V/0!
0
-2.06666666666667
-6
-1.375
0
-2
#DIV/0! 2260 #DIV/0! 0.16
0.35
0.23
-0.15 0.16
0.36
-0.06 0.06
31-De c-2013
31-De c-2014
31-De c-2015
31-De c-2016 31-De c-2017
#DIV/0! 2854 #DIV/0!
SPSE Ma rket I n dex % Retu rn s Un i t Ma rket
#DIV/0! 3120 #DIV/0!
#DIV/0! 4484 #DIV/0!
Average Return #DIV/0!

elds % Returns

Total Returns SPSE Market Index Unit

 1950
#DIV/0! 2125 #DIV/0!
#DIV/0! 2260 #DIV/0!
#DIV/0! 2854 #DIV/0!
#DIV/0! 3120 #DIV/0!
#DIV/0! 4484 #DIV/0!
Average Return #DIV/0!

elds % Returns

Total Returns SPSE Market Index Unit

1950
#DIV/0! 2125 #DIV/0!
#DIV/0! 2260 #DIV/0!
#DIV/0! 2854 #DIV/0!
#DIV/0! 3120 #DIV/0!
#DIV/0! 4484 #DIV/0!
Average Return #DIV/0!

elds % Returns

Total Returns SPSE Market Index Unit

1950
#DIV/0! 2125 #DIV/0!
#DIV/0! 2260 #DIV/0!
#DIV/0! 2854 #DIV/0!
#DIV/0! 3120 #DIV/0!
#DIV/0! 4484 #DIV/0!
Average Return #DIV/0!
elds % Returns

Total Returns SPSE Market Index Unit

1950
#DIV/0! 2125 #DIV/0!
#DIV/0! 2260 #DIV/0!
#DIV/0! 2854 #DIV/0!
#DIV/0! 3120 #DIV/0!
#DIV/0! 4484 #DIV/0!
Average Return #DIV/0!

elds % Returns

Total Returns SPSE Market Index Unit

1950
#DIV/0! 2125 #DIV/0!
#DIV/0! 2260 #DIV/0!
#DIV/0! 2854 #DIV/0!
#DIV/0! 3120 #DIV/0!
#DIV/0! 4484 #DIV/0!
Average Return #DIV/0!

elds % Returns

Total Returns SPSE Market Index Unit

1950
 #DIV/0! 2125 #DIV/0!
#DIV/0! 2260 #DIV/0!
#DIV/0! 2854 #DIV/0!
#DIV/0! 3120 #DIV/0!
#DIV/0! 4484 #DIV/0!
Average Return #DIV/0!

elds % Returns

Total Returns SPSE Market Index Unit

1950
#DIV/0! 2125 #DIV/0!
#DIV/0! 2260 #DIV/0!
#DIV/0! 2854 #DIV/0!
#DIV/0! 3120 #DIV/0!
#DIV/0! 4484 #DIV/0!
Average Return #DIV/0!
 Alpha
Method 2

#DIV/0! #DIV/0!
#DIV/0! #DIV/0!
#DIV/0! #DIV/0!
#DIV/0! #DIV/0!
#DIV/0! #DIV/0!

#DIV/0! #DIV/0!
#DIV/0! #DIV/0!
#DIV/0! #DIV/0!
#DIV/0! #DIV/0!
A ve ra g e R e t u r n
- 7 .3 7 5

-2

-6 0
666667
-1.375 -2
0.36
-0.06 0.06
31-De
015 c-2016 31-De c-2017

Ma rket