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Lowell Inc. has a market beta of 1.16, if the market increases by 1.4% on a given day we would expect that Lowell's stock price

Lowell Inc. has a market beta of 1.16, if the market increases by 1.4% on a given day we would expect that Lowell's stock price would:

1. Increase by 1.39%

2. Increase by 2.36%

3. Decrease by 1.86%

4. Increase by 1.62%

5. None of the above

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