Suppose the market portfolio is equally likely to increase by

35%

or decrease by

12%.

a. Calculate the beta of a firm that goes up on average by

19%

when the market goes up and goes down by

11%

when the market goes

down.

b. Calculate the beta of a firm that goes up on average by

23%

when the market goes down and goes down by

20%

when the market goes

up.

c. Calculate the beta of a firm that is expected to go up 4% independently of the market.

a. Calculate the beta of a firm that goes up on average by

19%

when the market goes up and goes down by

11%

when the market goes

down.

The beta is

enter your response here.

(Round to two decimal places.)