Use the following data to answer the questions that follow.

Company	Beta
Savoy Corp.	0.84

Hokie Industries	1.26
Graham Records	2.33
Expo Enterprises	0.38

S&P 500

1.00

a. If the S&P 500 goes up by 13.29 percent, how much should the stocks of Savoy, Hokie, Graham, and Expo change in value?

b. If the stock market drops by 22.91 percent, which one of these stocks should outperform the others? Why?

Question - If the S&P 500 goes up by13.29 percent, the stock of Savoy would change in value by_______%. (Round to two decimal places.)