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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?
Work Process Strength
The efficiency, effectiveness, and adaptability of processes within a workplace that contribute to achieving organizational goals.
Performance Opportunity
A situation or instance that allows an individual or organization to showcase their abilities and achieve significant progress.
Increase Output
Actions or strategies aimed at boosting the amount of work, products, or results produced by a system, organization, or process.
Performance Opportunity
Opportunities provided within an organization for employees to demonstrate their abilities and potentially enhance their professional growth and career advancement.
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