Semitool Corp Has an Expected Excess Return of 6% for Next

question 6

Multiple Choice

Semitool Corp has an expected excess return of 6% for next year.However for every unexpected 1% change in the market,Semitool's return responds by a factor of 1.2.Suppose it turns out the economy and the stock market do better than expected by 1.5% and Semitool's products experience more rapid growth than anticipated,pushing up the stock price by another 1%.Based on this information what was Semitool's actual excess return?

• A) 7.00%
• B) 8.50%
• C) 8.80%
• D) 9.25%

---

Definitions:

Free Society

A society where individuals have significant freedom in their life choices, speech, and actions, often characterized by democratic governance and rule of law.

Ethical Question

An inquiry that involves examining moral principles and values to make a judgment about the rightness or wrongness of an action.

Ethical Imperatives

Intended to shape or guide behavior by expressing core values and beliefs about what is morally right or morally wrong. Ethical imperatives express behavioral ideals and moral principles by pointing out what we ought to do or ought to refrain from doing.

Core Values

Fundamental beliefs or guiding principles that dictate behavior and action within an organization or individual.