Semitool Corp. has an expected excess return of 6% for next year. However, for every unexpected 1% change in the market, Semitool's return responds by a factor of 1.2. Suppose it turns out that the economy and the stock market do better than expected by 1.5% and Semitool's products experience more rapid growth than anticipated, pushing up the stock price by another 1%. Based on this information, what was Semitool's actual excess return? 8.5% 8.8% 9.25% 7% You write one MBI July 120 call contract (equaling 100 shares) for a premium of 54. You hold the option until the expiration date, when MBI stock sells for $121 per share. You will realize a on the investment O $200 loss o $300 profit O $200 profit O $600 loss Semitool Corp. has an expected excess return of 6% for next year. However, for every unexpected 1% change in the market, Semitool's return responds by a factor of 1.2. Suppose it turns out that the economy and the stock market do better than expected by 1.5% and Semitool's products experience more rapid growth than anticipated, pushing up the stock price by another 1%. Based on this information, what was Semitool's actual excess return? 8.5% 8.8% 9.25% 7% You write one MBI July 120 call contract (equaling 100 shares) for a premium of 54. You hold the option until the expiration date, when MBI stock sells for $121 per share. You will realize a on the investment O $200 loss o $300 profit O $200 profit O $600 loss