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Exhibit 6.6
Use the Information Below for the Following Problem(S)
R?t = return for stock i during period t
Rmt = return for the aggregate market during period t
-Refer to Exhibit 6.6.Stock X had an actual return of 14% and Stock X's normal return based on the market's return for the same period was 13.6%.What is Stock X's abnormal rate of return?
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Relating to the body as opposed to the mind or emotions.
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