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You hear on the news that the S&P 500 was down 2.1% today relative to the risk-free rate (the market's excess return was 2.1% ).

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You hear on the news that the S\&P 500 was down 2.1% today relative to the risk-free rate (the market's excess return was 2.1% ). You are thinking about your portfolio and your investments in Hewlett Packard and Proctor and Gamble. a. If Hewlett Packard's beta is 1.1 , what is your best guess as to Hewlett Packard's excess return today? b. If Proctor and Gamble's beta is 0.4 , what is your best guess as to P\&G's excess return today? a. If Hewlett Packard's beta is 1.1, what is your best guess as to Hewlett Packard's excess return today? Hewlett Packard's excess return today is \%. (Round to one decimal place.)

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