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Analysis of 60 monthly rates of return on United Futon common stock indicates a beta of 1.46 and an alpha of-21% per month. A month

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Analysis of 60 monthly rates of return on United Futon common stock indicates a beta of 1.46 and an alpha of-21% per month. A month later, the market is up by 5.%, and United Futon is up by 6.1%. What is Futon's abnormal rate of return? (A negative answer should be indicated b minus sign. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Rate of return Analysis of 60 monthly rates of return on United Futon common stock indicates a beta of 1.46 and an alpha of-21% per month. A month later, the market is up by 5.%, and United Futon is up by 6.1%. What is Futon's abnormal rate of return? (A negative answer should be indicated b minus sign. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Rate of return

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