On April 12, 20x2, ABC Company announced earnings of $0.65 per share for its fiscal year 20x1. The analysts' consensus expectation was $0.60 per share. On this day, the risk free rate was 0.001% per day. The stock market index increased by 0.8% for the day. ABC Company's stock price increased by 0.6% for the day, indicating an abnormal return of minus-0.1%. What is ABC Company's Beta? 

Answer rating: 100% (QA)

To calculate ABC Companys Beta we need to use the Capital Asset Pricing Model CAPM w... View the full answer