This Question: 1 pt 6 of 17 Suppose the market portfolio is equally likely to increase by 11% or decrease by 5%. a. Calculate the beta of a firm that goes up on average by 24% when the market goes up and goes down by 24% when the market goes down. b. Calculate the beta of a firm that goes up on average by 15% when the market goes down and goes down by 5% 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 24% when the market goes up and goes down by 24% when the market goes down. The beta is (Round to two decimal places.) b. Calculate the beta of a firm that goes up on average by 15% when the market goes down and goes down by 5% when the market goes up. The beta is. (Round to two decimal places.) c. Calculate the beta of a firm that is expected to go up 4% independently of the market. The beta is (Round to two decimal places.)