Given the Following Returns on Stock J and the "Market

Multiple Choice

Given the following returns on Stock J and the "market" during the last three years, what is the beta coefficient of Stock J? (Hint: Think rise over run.)
$$\begin{array} { c r r } \text { Year }& \text { Stock J }& \underline { \text { Market } } \\1 & -13.85 \% & -8.63 \% \\2 & 22.90 \% & 12.37 \% \\3 & 35.15 \% & 19.37 \%\end{array}$$

A) 1.58
B) 1.66
C) 1.75
D) 1.84
E) 1.93