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

question 7

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 during period t using only the aggregate market return (ignore differential systematic risk) ?

• A)1.80
• B)1.40
• C)-1.80
• D)-4.80
• E)-8.80

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Definitions:

Stakeholders

Individuals, groups, or organizations that have an interest or concern in an organization's activities, performance, and decisions.

Sustainable Marketing

Marketing efforts that not only aim to meet the company's goals but also take into account the long-term impact on society, the economy, and the environment.

Sustainable Marketing

Marketing strategies that not only consider a company's growth and profitability but also its impact on the environment and social well-being.

Environment Marketing

A strategic approach aimed at promoting products or services in a manner that emphasizes environmental stewardship, targeting consumers who prioritize sustainability.