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You run a regression on the Ajax stock's returns against the market returns. You get the following regression equation:.02 + (1.3*X) where X is the

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You run a regression on the Ajax stock's returns against the market returns. You get the following regression equation:.02 + (1.3*X) where X is the market return. What is the alpha for this stock and what does it mean? A. 1.3. stock is riskier than average OB..02. stock is doing worse than expected OC. 1.3. stock is safer than average D..02. stock is doing better than expected

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