Analysis of 60 monthly rates of return on united futon


Analysis of 60 monthly rates of return on United Futon common stock indicates a beta of 1.49 and an alpha of –0.24% per month. A month later, the market is up by 5.4%, and United Futon is up by 6.4%. What is Futon’s abnormal rate of return?

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Financial Management: Analysis of 60 monthly rates of return on united futon
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