Use the following data to answer the questions that follow.

Company	Beta
Savoy Corp.	0.89
Hokie Industries	1.45
Alison Records	2.04
Expo Enterprises	0.54
S&P 500	1.00

a. If the S&P 500 goes up by

15.89

percent, how much should the stocks of Savoy, Hokie, Alison, and Expo change in value?

b. If the stock market drops by

10.51

percent, which one of these stocks should outperform the others? Why?

Question content area bottom

Part 1

a. If the S&P 500 goes up by

15.89

percent, the stock of Savoy would change in value by

enter your response here%.

(Round to two decimal places.)