Use the following$$ data, $($Click on the following icon in order to copy its contents into a$$ spreadsheet.$)$

Company

Beta

Savoy Corp.Savoy Corp.

$0\mathrm{.}71$

Hokie IndustriesHokie Industries

$1\mathrm{.}64$

Alison RecordsAlison Records

$2\mathrm{.}17$

Expo EnterprisesExpo Enterprises

$0\mathrm{.}38$

$$S&P $500$

$1\mathrm{.}00,$ to answer the questions that follow.

a$.$ If the$$ S&P $500$ goes up by $19\mathrm{.}31$percent$,$ how much should the stocks of$$ Savoy, Hokie,$$ Alison, and Expo change in$$ value?

b$.$ If the stock market drops by $24\mathrm{.}01$percent$,$ which one of these stocks should outperform the$$ others? Why?

Question content area bottom

Part $1$

a$.$ If the$$ S&P $500$ goes up by $19\mathrm{.}31\%,$ the stock of SavoySavoy would change in value by enter your response here$\%.($Round to two decimal$$ places.$)$