Futura Inc., has an expected excess return of 6% for next year. However, for every unexpected 2% change in the market, Futura's return normally responds by a factor of 1.2. Suppose it turns out that the economy and the stock market had an unexpected increase by 4% and Futura's products expenence more rapid growth than anticipated, pushing up the stock price by another 1% than normal. Based on this information, what was Futura's actual excess return? 11.80% 9.40% 8.8% 8.5% 7% F10 ES F8