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Semitool Corp. has an expected excess return of 6 % for next year. However, for every unexpected 1 % change in the market, Semitool's return
Semitool Corp. has an expected excess return of for next year. However, for
every unexpected change in the market, Semitool's return responds by a factor of
Suppose it turns out that the economy and the stock market do better than expected by
and Semitool's products experience more rapid growth than anticipated, pushing up
the stock price by another Based on this information, what was Semitool's actual
excess return?
A
B
C
D
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