The following multifactor model is estimated for the excess returns of ZYX Inc: R = 0.122+ 1.15( GDP) + 0.15(IP) - 0.42(IR) + e where GDP is excess Gross Domestic Product growth. IP is excess Industrial Production and IR is the excess interest rate. Assume ZYX is a large, publicly listed industrial firm and that all factors are measured in percentage points. Which of the following comments is true regarding ZYX Inc returns? If GDP is expected to grow by 3%. IP is expected to increase by 1% and interest rates are expected to remain the same, the expected return on ZYX shares will decrease For every percentage point increase in GDP above expectation, the expected return on ZYX Inc shares increases by 1.15% O ZYX shares lose 0.42% of their value each time interest rates increase by 1% The expected excess return for ZYX Inc is 1.102% If GDP grows by 2%, IP increases by 1% and interest rates remain unchanged at 1.5%, the expected return on ZYX Inc shares is 14.66%