What is futon abnormal rate of return

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Question - Analysis of 60 monthly rates of return on United Futon common stock indicates a beta of 1.62 and an alpha of -0.37% per month. A month later, the market is up by 6.7%, and United Futon is up by 7.7%. What is Futon's abnormal rate of return?

Reference no: EM132928874

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