Interpreting beta$$A firm wishes to assess the impact of changes in the market return on an asset that has a beta of $1\mathrm{.}2.$

a$.$If the market return increased by $23\%,$ what impact would this change be expected to have on the$$ asset's return?

b$.$ If the market return decreased by $12\%,$ 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?