Question: Apple stock currently sells for $46/share, has a standard deviation of 1.10, and has a beta of 1.25. If the S&P 500 Index increased by

Apple stock currently sells for $46/share, has a standard deviation of 1.10, and has a beta of 1.25. If the S&P 500 Index increased by 12% last year, what would Apple's stock have increased by? 12.0% 15.0% 9.6% 13.2%
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