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Ward- ad it (15 points) The following is the regression output for Company XYZ's stock returns regressed against the S&P 500 Index returns SUMMARY OUTPUT

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Ward- ad it (15 points) The following is the regression output for Company XYZ's stock returns regressed against the S&P 500 Index returns SUMMARY OUTPUT 0.066296 Agression Statistics Mittle R 0.257480 R Square Adusted R Square 0.050197 Standard Error Observations 0.106372 60 ANOVA Significance OF 4.11818 MS 0.04659 0.01131 Regression Residual Total 0.04702 SS 1 0.04659 58 0.65627 590.70287 Intercept X Variable 1 Coefficients 0.002871 0.547786 Standard Error 0.01374 0.26993 Stat 0.20894 2.02933 P-value 0.83522 0.04702 Lower 95% -0.02464 0.00745 Upper 95% 0.03038 1.08811 Lower 95.0% -0.02464 0.00745 Upper 95.0% 0.03038 1.08811 (1) Based on XYZ's beta provided above, if the market rises 10%, what percentage points will XYZ's stock price rise? You must show work to get full credit. (2) What proportion of XYZ's total risk is unsystematic or is caused by the company's own events? You must show work to get full credit

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