Problem $8-12$

A stock is worth $$8.$ It has a beta of $0\mathrm{.}90.$ Then the market decreases $7\mathrm{.}2\%.$

How much the stock price will change? Use a minus sign to enter the amount as a negative value, if any. Round your answer to two decimal places.

$\%$

What is the price of the stock after it decreases? Round your answer to the nearest cent.

$