An index model regression applied to past monthly returns in Fords stock price produces the following estimates, which are believed to be stable over time: rF = 0.10% + 1.1rM If the market index subsequently rises by 8% and Fords stock price rises by 7%, what is the abnormal change in Fords stock price? (Negative value should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 1 decimal place.)

Abnormal return=___ %