Interpreting beta A firm wishes to assess the impact of changes in the market return on an asset that has a beta of $1\mathrm{.}6.$

a$.$ If the market return increased by $19\%,$ what impact would this change be expected to have on the asset's return?

b$.$ If the market retum decreased by $6\%,$ what impact would this change be expected to have on the asset's return?

c$.$ If the market return did not change, what impact, if any, would be expected on the asset's return?

d$.$ Would this asset be considered more or less risky than the market?

a$.$ If the market return increased by $19\%,$ the impact on the asset's return is $\%.($Round to one decimal place. Enter a negative percentage number if the asset return decreases.$)$

b$.$ If the market return decreased by $6\%,$ the impact on the asset's return is

$\%.($Round to one decimal place. Enter a negative percentage number if the asset return decreases.$)$

c$.$ If the market return did not change, the impact on the asset's return is $\%.($Round to one decimal place. Enter a negative percentage number if the asset return decreases.$)$

d$.$ Would this asset be considered more or less risky than the market? $($Select from the drop$-$down menus.$)$

The asset is $$ the market portfolio, which has a beta of $$