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An index model regression produces the following estimates for AmbChaser Inc: r(AmbChaser) =-1% + 2*r(M). The market went up this month by 1.5%. In addition,
An index model regression produces the following estimates for AmbChaser Inc: r(AmbChaser) =-1% + 2*r(M). The market went up this month by 1.5%. In addition, AmbChaser Inc. surprisingly just won a lawsuit that awards it $1 million immediately. If the original value of AmbChaser equity were $100 million, what would you guess was the rate of return of its stock this month
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