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TB MC Qu . 1 2 - 2 9 Analysis of past monthly movements in . . . Analysis of past monthly movements in Walmart's

TB MC Qu.12-29 Analysis of past monthly movements in...
Analysis of past monthly movements in Walmart's stock price has produced the following estimates: =-.40 percent and =0.70. If the market index
subsequently rises by 5.00 percent while Walmart's stock price rises by 3.30 percent, what is the abnormal change in Walmart's stock price?
Multiple Choice
-0.40 percent
+0.20 percent
+0.80 percent
+3.50 percent
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