Exhibit 66
Use the Information Below for the Following Problem(S)

question 68

Multiple Choice

Exhibit 6.6
Use the Information Below for the Following Problem(S)
$$\begin{array} { c c c c c } \text { itack } & \text { Re } & \text { it } & \text { mit } & \text { Het. } \\\hline \text { A } & 9.7 & 10.0 & 0 & 0.7 \\8 & 10.4 & 8.0 & 0 & 1.4\end{array}$$
R?_t = return for stock i during period t
R_mt = return for the aggregate market during period t
-Refer to Exhibit 6.6.What is the abnormal rate of return for Stock B when you consider its systematic risk measure (beta) ?

• A) -0.8%
• B) -1.2%
• C) 1.3%
• D) 2.4%
• E) 6.6%

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Definitions:

Option-pricing Model

A mathematical model used to estimate the value of options, taking into account the underlying asset's price, volatility, time until expiration, and other factors.

AASB 2

An accounting standard that specifies the financial reporting requirements for entities to reflect the effects of transactions involving share-based payment transactions.

Equity Instruments

Financial instruments that represent ownership in a company, such as stocks, giving holders a claim on the company's residual assets and earnings.

Remuneration Expense

The total cost incurred by an organization for the payment of salaries, wages, and other forms of employee compensation.