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Use the following data to answer the questions that follow. Company Savoy Corp. Hokie Industries Graham Records Expo Enterprises S&P 500 Beta 0.71 1.18 2.28

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Use the following data to answer the questions that follow. Company Savoy Corp. Hokie Industries Graham Records Expo Enterprises S&P 500 Beta 0.71 1.18 2.28 0.42 1.00 a. If the S&P 500 goes up by 15.13 percent, how much should the stocks of Savoy, Hokie, Graham, and Expo change in value? b. If the stock market drops by 14.05 percent, which one of these stocks should outperform the others? Why

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