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Suppose ABCs common stock has a return of 12.87 percent, the risk-free rate is 2.65 percent, the market return is 13.46 percent, and there is
Suppose ABCs common stock has a return of 12.87 percent, the risk-free rate is 2.65 percent, the market return is 13.46 percent, and there is currently no unsystematic influence affecting ABC's return. Given a one-factor APT model, what is the factor beta?
a.) .896
b.) .945
c.) 1.003
d.) .962
e.) .979
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