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The following are estimates for a stock A. Stock Expected ret. beta firm-specific variance, or Var(e) A 0.14 1.5 0.37 The market index has a

The following are estimates for a stock A.

Stock Expected ret. beta firm-specific variance, or Var(e)
A 0.14 1.5 0.37

The market index has a standard deviation of 0.22, and the risk-free rate if 0.03

What percentage of stock A's total risk is attributable to systematic risk (or market risk)? Here consider variance as the risk measure.

Round your answer to 4 decimal places. For example if your answer is 3.205%, then please write down 0.0321.

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