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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:

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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: rF=0.10t+1.1rM Required: If the market index subsequently rises by 8.2% and Ford's stock price rises by 8%, what is the abnormal change in Ford's stock price? Note: Negative value should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places

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