Exhibit 64
Use the Information Below for the Following Problem(S)

question 13

Multiple Choice

Exhibit 6.4
Use the Information Below for the Following Problem(S)
$$\begin{array} { c c c c c } \text { stack } & \text { Fit } & R \text { mit } & \text { a } _ { \text {i } } & \text { Eeta } \\\hline \text { A } & 10.3 & 12 & 0 & 0.6 \\3 & 94 & 90 & 0 & 1 .2\end{array}$$
R?t = return for stock i during period t
Rmt = return for the aggregate market during period t
-Refer to Exhibit 6.4.What is the abnormal rate of return for Stock A when you consider its systematic risk measure (beta) ?

• A) 2.30%
• B) 2.10%
• C) 3.10%
• D) 12.40%
• E) None of the above

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Definitions:

Liquid Water

The liquid phase of water, which is vital for all known forms of life.

Volcano

A geological formation through which magma, ash, and gases from the Earth's interior are expelled to the surface.

Composite Volcano

A type of volcano constructed from multiple layers of hardened lava, tephra, and volcanic ash, typically characterized by explosive eruptions.

Shield Volcano

A broad, gently sloping volcano formed by the eruption of fluid basaltic lava.