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An index model regression applied to past monthly excess returns in ABC Corporation's stock price produces the following estimates, which are believed to be stable

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An index model regression applied to past monthly excess returns in ABC Corporation's stock price produces the following estimates, which are believed to be stable over time: TABC -0.18.1.17 the market index subsequently rises by 74% and ABC's stock price rises by 7%, what is the abnormal change in ABC's stock price? Risk free return during the month is 1%. (Negative value should be Indicated by a minus sign. Do not round Intermediate calculations. Round your answer to 2 decimal places.) Abnormal return

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