An index model regression applied to past monthly return in Fords stock price produces the following estimates, which are believed to be stable over time:

r_Ford = 0.10% + 1.1r_m

If the market index subsequently rises by 8% and Fords stock price rises by 7%, what is the abnormal change in Fords stock price?

Group of answer choices

-0.30%

-1.90%

-0.10%

-1.70%