A firm wishes to assess the impact of changes in the market return on an asset that has a beta of 0.7.

a.??If the market return increased by 25?%, what impact would this change be expected to have on the? asset's return?

b. If the market return decreased by 6?%, what impact would this change be expected to have on the? asset's return?

c.??If the market return did not? change, what? impact, if? any, would be expected on the? asset's return?

d.??Would this asset be considered more or less risky than the? market?