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Determine abnormal rate return Determine the abnormal return (also known as alpha) for each stock...

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Finance

Determine abnormal rate return Determine the abnormal return (also known as alpha) for each stock in your portfolio. The abnormal return represents the difference between an investments actual return and its expected return. You may refer to and use the mathematical formula given below to determine the abnormal return for each stock in your portfolio. Abnormal return (or alpha) = Actual return - Expected return For the actual return, you will need to find the January 20th, 2022, adjusted closing price and April 7th, 2022, adjusted closing price for each stock. You may go to Yahoo Finance and then click on Historical Data to find the January 20th and April 7th closing prices for each stock. The stocks are: 1. American Express 2. Microsoft 3. Pfizer 4. Delta 5. Starbucks Please find the abnormal return for all of the 5 stocks, thank you!!

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