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Last year you invested in a stock with a beta equal to 1.17. The risk-free...

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Accounting

Last year you invested in a stock with a beta equal to 1.17. The risk-free rate was 0.018 and the expected return of the market was 0.24. After holding the stock for the year you find that the market did return what was expected. However, the stock you invested in returned 0.15. By how much did the stock over-perform (under-perform) for the year? Answer as a percentage to two decimals

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