Question: The following are estimates for stock A. Expected Return Beta Firm-Specific Standard Deviation 2096 0.7 4496 The market index M has an expected return of
The following are estimates for stock A. Expected Return Beta Firm-Specific Standard Deviation 2096 0.7 4496 The market index M has an expected return of 1996 and a standard deviation of 2496. The risk-free rate is 6%. Compute the alpha of the regression for stock A. Express your answer as a percent with 2 decimal places
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