Exhibit 65
USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

question 71

Multiple Choice

Exhibit 6.5
USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S) $$\begin{array} { c c c c c } \text { Stock } & \mathbf { R } _ { \text {it } } & \mathbf { R } _ { \text {mt } } & \mathbf { a } _ { \mathbf { i } } & \text { Beta } \\\hline \mathrm { A } & 10.6 & 15 & 0 & 0.8 \\\mathrm { Z } & 9.8 & 8.0 & 0 & 1.1\end{array}$$ R_it = return for stock i during period t
R_mt = return for the aggregate market during period t
-Refer to Exhibit 6.5. What is the abnormal rate of return for Stock Z when you consider its systematic risk measure (beta) ?

• A)0.1%
• B)1.0%
• C)0.5%
• D)-1.0%
• E)-2.0%

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Definitions:

Supporting Reason

An argument or rationale provided to back up a claim, opinion, or decision.

Peremptory Challenges

The right in jury selection for the prosecution and defense to reject a certain number of potential jurors without stating a reason.

Racial Criteria

Standards or tests based on race, often used in contexts where racial profiling, discrimination or preferential treatment is being examined.

Direct Examination

The initial questioning of a witness during a trial or hearing by the party who called the witness to testify.