The following output is from a regression of monthly returns of a campany against the 58 . 500 index. A market neutral fund manager believes the fund is underpriced, with a positive alpha. Required: Using the information above, find the necessary hedge ratio to fully hedge market risk. Then find the expected return and standard deviation of the hedged position. Finally, if the position is perfectly hedged, find the probability of a negative return, if the returns of the stock are normally distributed. Using the information above, find the necessary hedge ratio to fully hedge market risk. Then find the expected return and standard deviation of the hedged position. Finally, if the position is perfectly hedged, find the probability of a negative return, if the returns of stock are normally distributed. (Use cells A5 to B16 from the given information to complete this question.)