You hear on the news that the S\&P 500 was domn 11% today relative to the risk-free rate (the miarkef's excess tetiam was - 11% ) You are thinking about your portfolo and your ifvestments in Hewlett Packard and Proctor and Gamble a If Howett Packard's beta is 1.3, what is your best guoss as to Hewett Packarf's excess retian todiay? b. If Proctor and Gamble's beta is 0.5, what is your best guess as to PGG's excess roturn todixy? a If Hewett Packard's beta is 1.3. What is your best guess as to Hewent Packard's excess return today? Hewlert Packards excess retum todiy is th. (Round to one decimal place.)