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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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