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A company's stock has a beta of 1 . 2 , and its return R 1 , t has the following structure: R 1 ,
A company's stock has a beta of and its return has the following structure:
The stock price was $ in year The following year, the company was sued for fabricating its financial statements. In response, its stock price fell to $ and no dividend was paid. In the same year, the market return was Find the amount of return attributable to the companyspecific news lawsuit PLEASE FIND A WAY TO ANSWER THIS.
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