Question: You conducted multiple regression using quarterly data and found a slightly significant alpha of 0.014, a beta factor for the market of 1.09, and a

You conducted multiple regression using quarterly data and found a slightly significant alpha of 0.014, a beta factor for the market of 1.09, and a beta factor for GDP of 0.74. If GDP is expected to grow at 1.4% next quarter and the market is expected to grow at 4.81%, then what is your estimated return for the underlying stock using this multi-factor model? State your answer as a percentage with two decimal places and not in decimal form (i.e, 13.21, not 0.1321).

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