Question: You found the regression results shown below by regressing the monthly returns of a stock against the monthly returns of the market. If the estimated
You found the regression results shown below by regressing the monthly returns of a stock against the monthly returns of the market. If the estimated return on the market for next month is +1.5%, then what is the estimated return on your stock? Use the alpha and beta with four decimal places in your calculation and provide your answer as a percentage with two decimal places and not in decimal form (i.e., 13.21 not .1321).

SUMMARY OUTPUT Regression Statistics Multiple R 0.67109277 R Square 0.45036551 Adjusted R Square 0.4407228 Standard Error 0.04237973 Observations 59 Intercept S&P500 HPR Coefficients Standard Error t Stat P-value 0.00819101 0.005698167 1.43748183 0.156048439 1.11803825 0.16359637 6.834126262 6.00965E-09
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