Exhibit 65
Use the Information Below for the Following Problem(S)

question 6

Multiple Choice

Exhibit 6.5
Use the Information Below for the Following Problem(S)
$\begin{array}{ccccc}\text { Stock } & \mathbf{R}_{\mathbf{i t}} & \mathbf{R}_{\text {mt }} & \mathbf{a}_{\mathbf{i}} & \mathbf{B e t a} \\\hline \mathrm{A} & 10.6 & 15 & 0 & 0.8 \\7 & 9.8 & 8 .0 & n & 1.1\end{array}$
R?t = return for stock i during period t
Rmt = 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:

Government

The group of people with the authority to govern a country or state, making and enforcing laws and policies.

Authority

The authority or ability to issue commands, take decisions, and ensure compliance.

Enforce Decisions

The process by which authoritative rulings or policies are implemented and ensured to be followed through by the relevant parties.

Air Quality

The condition of the air within our surroundings, measured by the presence and concentration of pollutants, which can affect human health and the environment.