Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. use the following data to answer the question that

use the following data to answer the question that follow. Company. Beta ——————————— Savoy Corp. 0.63 Hokie Industries. 1.58 Graham Records....

70.2K

Verified Solution

Question

Finance

usethe following data to answer the question that follow.
Company. Beta
———————————
Savoy Corp. 0.63
Hokie Industries. 1.58
Graham Records. 1.83
Expo Enterprises. 0.44
S&P 500. 1.00
———————————

A. If the S&P 500 goes up by 22.59 percent, how muchshould the stocks of Savoy, Hokie, Graham, and Expo change inValue?
B. If the stock market drops by 21.03 percent, which one ofthese stocks should outperform the others? Why?

a. if the S&P 500 goes up by 22.59 percent, the stock ofsavoy would change in value by ____% (round to two decimalplaces.)

Answer & Explanation Solved by verified expert
4.2 Ratings (875 Votes)
A The calculation of changes in value of Savoy Hokie Graham and Expo is as follows If the SP 500 goes up by 2259 then Savoy Corp would increase by 063 x 2259 1423    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

usethe following data to answer the question that follow.Company. Beta———————————Savoy Corp. 0.63Hokie Industries. 1.58Graham Records. 1.83Expo Enterprises. 0.44S&P 500. 1.00———————————A. If the S&P 500 goes up by 22.59 percent, how muchshould the stocks of Savoy, Hokie, Graham, and Expo change inValue?B. If the stock market drops by 21.03 percent, which one ofthese stocks should outperform the others? Why?a. if the S&P 500 goes up by 22.59 percent, the stock ofsavoy would change in value by ____% (round to two decimalplaces.)

Other questions asked by students

Q

What should be the frequency of radiation to produce photoelectron having half the kinetic energy...

Physics
Q

The Environment Bureau of HKSAR Government has recently proposed legislation for the proper management of waste...

Civil Engineering
Q

Ziege Systems is considering the following independent projects for the coming year: Project Required Investment Rate...

Finance
Q

This ocean environment is characterized by long plants that are rooted on the ocean floor...

Biology
Q

An organization has members who possess IQs in the top 4 of the population If...

Statistics
Q

As mentioned in the chapter opinion polling organizations contact their respondents by sampling random telephone...

Statistics
Q

Points 0 of 3 ding to projections through the year 2030 the population y of...

Calculus
Q

Solving A = Pe^rt for P, we obtain P = Ae^rt which is the present...

Calculus
Q

Use the graph to identify zeros and multiplicity X smallest x value X X largest...

Algebra
Q

Problem 12-17 (Algo) Net Present Value Analysis; Internal Rate of Return; Simple Rate of Return...

Accounting
Q

empo Company's fixed budget (based on sales of 16,000 units) folllows. Fixed Budget...

Accounting
Q

Grayson Company produces an industrial chemical used for cleaning and lubricating machinery. In the Mixing...

Accounting