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Applejack Inc. has a market beta of 1.16, if the market increases by 1.2% on a given day we would expect that Applejack Inc.s stock

Applejack Inc. has a market beta of 1.16, if the market increases by 1.2% on a given day we would expect that Applejack Inc.s stock price would:

Question 4 options:

A)

Increase by 1.39%

B)

Increase by 2.36%

C)

Decrease by 1.86%

D)

Increase by 1.16%

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