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Question 26 3 pt What can be interpreted from the following table of regression results? The regression equation being estimated is: return Company.X, returnrisk-free,t =

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Question 26 3 pt What can be interpreted from the following table of regression results? The regression equation being estimated is: return Company.X, returnrisk-free,t = return s&P500, Teturn risk-freet Value t-statistic Intercept aka "Alpha" .0010 p-value 0.1756 1.45 Slope aka "Beta" 1.21 4.13 0.0001 R-square 30% O 70% of Company X's risk is firm-specific (aka unsystematic) O Company X's return significantly outperformed expectations Because alpha is less than beta. Company X's return significantly underperformed expectations O Company X has less systematic risk than the average stock

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