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An index model regression applied to past monthly returns in Ford's stock price produces the following estimates, which are believed to be stable over time:
An index model regression applied to past monthly returns in Ford's stock price produces the following estimates, which are believed to be stable over time: F = 0.1% + 1.17M If the market index subsequently rises by 10.3% and Ford's stock price rises by 9%, what is the abnormal change in Ford's stock price? (Negative value should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Abnormal return 2.43 X %
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