USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

Multiple Choice

USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
R_it = return for stock i during period t
R_mt = return for the aggregate market during period t
-Refer to Exhibit 5.3. What is the abnormal rate of return for Elliot when you consider its systematic risk measure (beta) ?

A) -2.10 percent
B) -2.00 percent
C) 5.20 percent
D) 14.10 percent
E) 3.00 percent