You hear on the news that the sampp 500 was down 17 today


You hear on the news that the? S&P 500 was down 1.7% today relative to the? risk-free rate? (the market's excess return was negative 1.7 %). You are thinking about your portfolio and your investments in Zynga and Proctor and Gamble.

a. If? Zynga's beta is 1.4?, what is your best guess as to? Zynga's excess return? today?

b. If Proctor and? Gamble's beta is 0.6?, what is your best guess as to? P&G's excess return? today?

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Financial Management: You hear on the news that the sampp 500 was down 17 today
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