Exhibit 63
Use the Information Below for the Following Problem(S)

Exhibit 6.3
Use the Information Below for the Following Problem(S)
$$\begin{array} { l l c c c } \text { Stack } & \mathrm { R } _ { \mathrm { it } } & \mathrm { R } _ { \text {mt } } & \mathrm { a } _ { \mathbf { i } } & \text { Beta } \\\hline \text { Elliat } & 9.9 & 15.0 & 0 & 0.8 \\\text { Hemlick } & 9.1 & 0.0 & 0 & 1 .1\end{array}$$
R?t = return for stock i during period t
Rmt = return for the aggregate market during period t
-Refer to Exhibit 6.3.What is the abnormal rate of return for Elliot when you consider its systematic risk measure (beta) ?

A) -2.10%
B) -2.00%
C) 5.20%
D) 14.10%
E) None of the above