> A company's stock has a beta of 1.50 - if the S&P goes up 2% - how much hypothetically will the company's st

A company's stock has a beta of 1.50 - if the S&P goes up 2% - how much hypothetically will the company's st

Posted at: 2014-12-05 
Please help! full points! thank you!

I asked my dog who said "Why wouldn't you just multiply them?" and then ran outside to chase some squirrels. Lucky is always right.

1.5(2%) = 3%

Please help! full points! thank you!