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Use the following for questions 6 through 8: Below is an Excel Output of MONTHLY data for AAPL Intercept MKT-RF 0.0051 1.3250 6) If the

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Use the following for questions 6 through 8: Below is an Excel Output of MONTHLY data for AAPL Intercept MKT-RF 0.0051 1.3250 6) If the risk-free rate next year is 2% and the market risk premium is expected to be 9%, what is AAPL's expected return next year? 7) What was AAPL's historic alpha (annualized)? 8) Suppose next year the risk-free rate is again 2% and the market has a return of 20%. If AAPL next year has a return of 10%, what is AAPL's alpha? Use the following information for GE for questions 9 and 10: Intercept MKT-RF SMB HML 0.005 1.325 -0.450 -0.310 Next year, the risk-free rate will be 1%, the small-minus-big portfolio will have a return of 5% and the High-minus-Low return will be 3%. The above regression was run on MONTHLY data. 9) The GE's historic alpha was % (annualized). 10) GE's expected return is Use the following for questions 6 through 8: Below is an Excel Output of MONTHLY data for AAPL Intercept MKT-RF 0.0051 1.3250 6) If the risk-free rate next year is 2% and the market risk premium is expected to be 9%, what is AAPL's expected return next year? 7) What was AAPL's historic alpha (annualized)? 8) Suppose next year the risk-free rate is again 2% and the market has a return of 20%. If AAPL next year has a return of 10%, what is AAPL's alpha? Use the following information for GE for questions 9 and 10: Intercept MKT-RF SMB HML 0.005 1.325 -0.450 -0.310 Next year, the risk-free rate will be 1%, the small-minus-big portfolio will have a return of 5% and the High-minus-Low return will be 3%. The above regression was run on MONTHLY data. 9) The GE's historic alpha was % (annualized). 10) GE's expected return is

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