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1) An index model regression applied to past monthly returns in Ford's stock price produces the following estimates, which are believed to be stable over time:
rF = 0.1% + 1.1rM If the market index subsequently rises by 9.0% and Ford's stock price rises by 9%, what is the abnormal change in Ford's stock price? (Negative value should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "%" sign in your response.)
Abnormal return
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