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Question 3 = Consider the following information on returns an the market and THY stock (25 points) Type of Economy Expected Return on market% Expected

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Question 3 = Consider the following information on returns an the market and THY stock (25 points) Type of Economy Expected Return on market% Expected Return on THY% Bear 3.2 Bull 16.2 1 12.4 Calculate the responsiveness of Thy return to movements of the market. Explain your calculations

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